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Private Finance initiative (PFI) contracts have been and will be with us for some considerable time but there’s an ever-increasing number of PFI contracts now set to expire.
In July 2020 the Government published its much-anticipated draft Building Safety Bill. Described by the Housing Secretary as the “biggest improvements to building safety in nearly 40 years”, the Bill goes beyond the traditional boundaries of regulatory change and seeks to bring forward a clearer regulatory system with residents’ safety at its heart.
For the NHS, delivering quality services in well-maintained, secure environments is integral for the safety and comfort of patients.
Since it was established in 1948, the NHS has been offering patients the best quality care possible, in secure environments.
The UK public was left in shock after the Grenfell tragedy of 2017.
Hearing that we had achieved 98% overall satisfaction was probably the first time in my professional career where I have had an emotional response.
The UK is set to spend over £9bn this year on PFI contracts – and a total of £48bn in the next five years. This level of spending will continue until we see the first peak in contracts expiring around 2030. Expiry will see assets worth £14bn (their original capital value) transferring back to public ownership.
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