To: Barts Health NHS Trust & NHS England

Stop #PFI contracts from bleeding East London hospitals dry

Stop #PFI contracts from bleeding East London hospitals dry

Private Finance Initiative (PFI) contracts are crippling our hospitals with debt, forcing them to cut corners and outsource our health.
Six East London hospitals are under threat; with a looming crisis in care, 10% of staff posts lost and wages cut for many employees.
We call on Barts Health NHS Trust and NHS England to make immediate, publicly transparent, plans to end the disastrous and unsustainable Barts Health PFI contracts now!

Why is this important?

Barts Health NHS Trust is the biggest hospital trust in England, running six hospitals including Whipps Cross, Newham University and The Royal London. It has the biggest health PFI and the biggest deficit.
We the undersigned note that:
a) Barts Health NHS Trust is in financial crisis with a £93m deficit, the Chief Executive recently resigned, and pending reports on the quality of care and worsening A&E waiting times soon to be released;
b) Barts Health NHS Trust is paying £43m a year in interest payments to private investors on the PFI contracts;
c) This is a main cause of Barts Health’s deficit and its £58m of cuts last year, including the loss of 10% of posts and the downbanding of staff;
d) The PFI contracts make our hospitals outsource key services (like domestics services and catering) to private providers; even when it is more expensive. Barts Health saved 7% of the costs of some services provided under the PFI (or £4m per year) by bringing them in-house.

- Learn more about Barts PFI at www.peoplevsbartspfi.wordpress.com
- Learn more about PFIs at www.peoplevspfi.org.uk

London

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Reasons for signing

  • We can't let the nasty party ruin the NHS we must do what we can to stop the cuts
  • PFI are crippling NHS.
  • I had some hazy idea that most of current spike in the so called National Debt was caused by bailing out the banks and huge PFI and other privatisation costs, but now I have just read the Rticle in the Independent which spells out the disaster of PFI. The last three Go ernments must hang their heads in shame, and surely now all voters should know the truth of the Con/libDem 'strong economy'?

Updates

2015-03-20 11:15:13 +0000

500 signatures reached

2015-03-04 14:05:27 +0000

100 signatures reached

2015-03-03 22:57:35 +0000

50 signatures reached

2015-03-03 15:29:44 +0000

25 signatures reached

2015-03-03 14:40:46 +0000

10 signatures reached