PARLIAMENTARY WRITTEN QUESTION
NHS Property Services: Debts (15 November 2016)
Question Asked
To ask the Secretary of State for Health, what progress NHS Property Services has made on reducing its level of debt to his Department in the last two years.
Asked by:
Karin Smyth (Labour)
Asked by:
Karin Smyth (Labour)
Answer
NHS Property Services borrowed £241 million against its original £350 million flexible loan facility with the Department during 2013/14, which was repaid in full by April 2015. The Company has since borrowed £100 million against its current £160 million flexible loan facility, which the Department provides to assist with the Company’s working capital requirements.
Answered by:
Philip Dunne (Conservative)
23 November 2016
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