Brexit & EconomyPoliticsPFI hospital ‘technically bankrupt’ auditors find

PFI hospital 'technically bankrupt' auditors find

PricewaterhouseCoopers warns that hospital needs external support

A hospital funded under the private finance initiative has become
‘technically insolvent’, it has emerged.

Auditors PricewaterhouseCoopers found that the Queen Elizabeth Hospital NHS
Trust in Woolwich, south east London, was heading for a £19.7m deficit that will
increase annually.

PwC said the hospital’s long-term prospects remain bleak without external
support.

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