Then, two people got in touch to ask me if it was true Tony Blair is making millions of pounds from that deal. Facebook shows people information which is the most liked or shared not which is the most accurate. Bad information ruins lives. Luke joined PFI as Property Manager in 2019 and was promoted to Senior Property Manager in 2022. Starting salary from 53,353 per annum, dependant on skills and experience, with an annual Posted 7 days ago Director of Estates and Facilities Royal Cornwall Hospitals NHS Trust 3.6 Truro Permanent THE Octagon private sector consortium has been branded the unacceptable face of capitalism by a House of Commons committee. Browse and apply for the Consulting jobs at Arcadis [3] Site work started the following day (12 January 1998). The Norfolk and Norwich University Hospital has been visited by a number of notable people in public life; On this Wikipedia the language links are at the top of the page across from the article title. Level 4, Hayman Kronfeld Building The hospital under construction at Colney in 2001. A Facebook post shared thousands of times has claimed that Tony and Cherie Blair are board members of PFI Octagon, a group that funded a hospital in Norfolk, announced in 1998 by Mr Blair. Nick joined PFI in 2018 as a Senior Analyst and was promoted to Financial Planning & Analysis Manager in 2020. That 20m would pay the wages of 800 nurses, or 200 GPs. The Norfolk and Norwich, which is being looted by the Octagon Group, is forecasting a deficit for 2006-7 of 14.8 million! Norwich and Norfolk University Hospitals Foundation Trust pays Octagon for use of the hospital and some maintenance fees. At the end of the contract, ownership of the hospital will pass to the NHS. Angela recently joined PFIs Board in February 2023. I looked further to find the person who originally posted this false information. There must be a new leadership to carry this struggle forward. PFI is the voice of US pet food and treat makers and reports that its . has the same accountability of Pembinaan BLT Sdn. The Pet Food Institute (PFI) has selected Dana Brooks as the organization's new president and chief executive office. Pembinaan PFI Sdn. The London Underground public-private partnership saw the bankruptcy of private company Metronet, with the Government forced to step in and bring the upgrade back into public hands. "[11], In 2006/07, the trust projected a savings target of 14.8 million but recorded a surplus of 867,000 by the end of the same financial year. Salaries posted anonymously by Octagon employees. Today's report draws on a survey of public authorities managing PFI contracts, 2 who are largely local bodies such as NHS trusts and local authorities. [14] The Consortium lengthened the NHS's repayment term from 34 to 39 years, but raising their own rate of return from 16 to 60 per cent. This website and associated newspapers adhere to the Independent Press Standards Organisation's Director - PFI / PPP Currie & Brown 1991 - 200716 years London, United Kingdom Director responsible for all aspects of consultancy advice in the social infrastructure and real estate sectors.. Company website; Company jobs; . Posted on January 29, 2018 The Pet Food Institute (PFI), the voice of dog and cat food makers and whose members make 98 percent of U.S. pet food and treat products, today announced that Dana L. Brooks will assume of the role of president and chief executive officer. Norwich and Norfolk University Hospitals Foundation Trust pays Octagon for use of the hospital and some maintenance fees. Lead the charge on the significant opportunities around PFI handbacks. It was later privatised with the shares sold off to financial institutions including Barclays, HSBC and RBS. The Trust is taking a range of measures to deal with this hugely challenging deficit; careful cost control, service redesign, and reducing an overall pay bill that accounts for 60 per cent of our budget. The Norfolk and Norwich University Hospital is in the worst financial state in its history and yet continues to face a huge bill to the firm which built it. 'When it was first proposed, Frank Dobson (the then health secretary) told us it was signed, sealed, delivered. A cornerstone of the cultural scene in Ames since 1966, the Octagon serves more than 30,000 people each year through art classes and outreach, rotating exhibits, a retail gallery shop, and the annual Octagon . Karen O'Donnell Client Director-PFI & Infrastructure Team. It looms over the ruins of the crumbling Victorian hospital made famous in David Lynchs film The Elephant Man. In July 2000 approval was given to extend the Norfolk and Norwich University Hospital with a second phase that included an additional 144 beds and took the project cost to 229 million. We have also tried to contact Octagon's director. And why are they asking about it now? We believe that if we took no other action to reduce pay and other costs we would need to lose approximately 450 posts during this year. We will endeavour to minimise these through other measures to reduce pay costs such as those set out above.. The initial cost of 229m is paid for through Octagon. This article is part of our work fact checking potentially false pictures, videos and stories on Facebook. This was true as of the year 2017-2018, with payment charge for that year recorded as 59 million. The text on the post reads: Tony Blair announced the building of the new Norfolk & Norwich Hospital on 11/1/1998. Beyond seemingly populist rhetoric, the real story of PFI reveals that RBS alongside other global banks, notably HSBC, were instrumental in what Sir Howard has effectively labelled a great heist. You deserve better. It can be hard to do that when we love to read and believe things which confirm our prejudices. This year it is paying the firm which built it 57m under the PFI deal. A report to the N&N's board warns it may struggle to find savings. The N&N is about 3pc of its portfolio. PFIs are complex, financial instruments and the answers to how they might be brought to heel or cancelled need to be carefully thought out. Director, PFI and PVC (since 2023) Trustee, PDSRA and PETF (since 2023) . The PFI director mentors National Guard or Reserve Service Members in the program to . Inevitably, this raises pressing questions as to what kind of resolution might emerge when there are so many entangled vested interests. The university hospital replaced the former, Norfolk and Norwich Hospital, which was founded in 1771, and the West Norwich Hospital. . The hospital estimates the deal is costing it an extra 20m a year than a non-PFI deal. Director - PFI Advisory. Director since November 2019, last re-elected June 2020. Do Rishi Sunaks claims about hospital discharge funding stack up? This year. One man even threatened to kill the Blairs because of this untrue post. Genevieve (Gen) joined PFI as Office Administrator in 2022. About PFI. Event Calendar; PFI Annual Conference. If you are dissatisfied with the response provided you can The N&N, which is in financial special measures, estimates it is paying Octagon 57m this year. All 100%. David was raised in Christchurch, where he completed commerce and law degrees at the University of Canterbury. [21], In March 2014 the N&N, Norfolk's biggest hospital, marked two years of being MRSA free. 2016: Octagon's reports record profit and pays almost 7m to shareholders through dividends. Innisfree paid 5.8m to its eight directors in 2015, including 3.2m to one unnamed director, according to its financial report. There have been 47 refinancings of hospital, school and other PFI projects up to the end of the last financial year. 'Why doesn't the government stand up and say, 'we are not going to pay'? Prior to joining PFI, she has held roles in various industries including the private equity industry in London and shopping centres portfolio in New Zealand. The ballast sides support your arms while making it easy to fold the chair away when not in use. [7], A 4.5m radiotherapy cancer treatment unit, the Winterton Unit, at the Norfolk and Norwich University Hospital, was opened by the Duke of Gloucester in May 2014. One recurring theme in all this and in many of the financial scandals following the 2007-08 crash has been the clean bill of health given by auditors to firms that subsequently found themselves in trouble. All accounts receivable matters are being handled by Timothy Low in her absence. Good Morning Britain. The management is saying: There is only one way that this jobs massacre can be lessened. 'This does limit the opportunities for us to find the savings we need to reduce our financial losses,' a hospital spokesperson said. The ED probe into PFI's fund flow gathered momentum and culminated in the raids in Kerala after the investigation agency found out the role of Abdul Razaq Peediyakkal alias Abdul Razak B P, who. Philip Green, the long-serving chairman, is named, as are Alison Horner (once head of Tesco's Asia division), Andrew Dougal and Ceri Powell. Office Admin Team Interim Executive Director- Kay Guiredirector.pfi@vcn.com Office Manager manager.pfi@vcn.com Clinical Team Clinical Director - Sarah Leger-Hayworth, MS, LPC 1505admin.pfi@vcn.com Counselor - Leslie Mashak MS, LPCleslie.pfi@vcn.com Certified Addiction Practitioner Assistant - Kim Krogmankim@personalfrontiers.org Case Manager/Forensic Peer Specialist - Autumn Rosenau, BAautumn . Defense Agency Overview. Full Fact is a registered charity (no. Carolyn recently joined PFIs Board in August 2022. Applied research towards commercialization. Full Fact is a registered charity (no. Angela is also a qualified lawyer with significant expertise in environment and property law. Inside, the first impression is that it is state of the art. However this plays out, it looks like the stage is set for the final act of the PFI story. [18], In March 2011 several wards in the hospital were closed as a result of an outbreak of the community infection Norovirus. As a result of money released from the refinancing, Octagon paid out 11 million in dividends to its shareholders. The Pet Food Institute and our members, who make the vast majority of all U.S. pet food and treat products, are committed to helping dogs and cats live long and healthy lives. Prior to this,Simon was General Manager of PFI from mid-2013, and prior to that, General Manager of Direct Property Fund (DPF) before PFI's merger with (DPF) in 2013, having joined McDougall Reidy & Co Limited as Development Manager in 2005. Its glistening blue tower is emblematic of an ultra-modern 21st-century NHS. Profit warnings have been issued for other government contractors, such as Interserve. The Blairs are not and have never been directors of Octagon Healthcare, the company responsible for the PFI. A PFI panel was set up by Chancellor Ken Clarke as early as 1993. The way to deal with their claims for financial liability is to nationalise them under workers control without compensation. The proposed variation to the PFI contract is to . Be seen as the team's 'go to' subject matter expert in relation to PFI. Now the unheeded prophecies of the Cassandras have come true. Prior to joining PFI, she held roles in hospitality, retail and travel. So, we have to do that. Ewan joined PFI as Asset/Development Manager in 2015and was promoted to Portfolio Manager in 2020. From 1999 through to 2017, Dean was Managing Director of Freightways Limited (Freightways). The earliest post I could find was from May 4 at 6pm from someone called Bob Hunt who mainly posts about Brexit and Muslims on his page. And he urged the hospital to request money back from Octagon. These initial tremors might be the canary in the coal mine. Indeed, the National Audit Office has recommended that the Government should have the power to cancel contracts which are not providing value for money. Press Association corrects error in reporting on research for prostate cancer test. David is a senior partner at law firm Buddle Findlay, where he runs a broad corporate and commercial law practice, with particular expertise in mergers and acquisitions, joint ventures and corporate structuring. Furthermore, the catch-all of commercial confidentiality has erected a firewall. In addition to his Managing Director role, Dean was also a director of the public policy think tank The New Zealand Initiative and its predecessor the New Zealand Business Roundtable from 2011 to 2015. Rodrigo joined PFI as Asset Manager in 2020 and was promoted to Asset and Development Manager is 2022. Sav joined the PFI team as Property Manager in early 2022. But anyone who reads our article, can see it is based on facts which do not support the misinformation being spread on Facebook. The hospital says it is paying Octagon around 57m a year. Director - PFI Advisory Zeemac Vehicle Acquisition & Fleet ServicesSouth East, South-East District, Botswana Apply Join or sign in to find your next job Join to apply for the Director - PFI. The total bill for NHS PFI hospitals is ultimately projected to rise above 79bn, way in excess of original build costs of 11.4bn. Anthony's other directorships include Arvida Group Limited. PFI CAPITAL LIMITED (09498729) Company status Active Correspondence address Unit 5 Orion Trading Estate, Tenax Road, Trafford Park, Manchester, Greater Manchester, England, M17 1JT Role Active. Whats more, PFI payments have been indexed higher with each successive year regardless of a hospitals revenue. Craig was appointed Chief Financial Officer and Company Secretary of PFI in 2012, and when PFI merged with DPF in 2013, was appointedChief Financial Officer and Company Secretary of the merged entity. Providing technical leadership to grow the teams capability. It hosts the Norwich GP speciality training scheme. [4], The hospital was completed in August 2001, five months ahead of schedule, and on budget. Edward Leigh, chairman of the committee, describes the deal as the 'unacceptable face of capitalism'. A story I wrote in 2016 about how the deal to build the Norfolk and Norwich Hospital (NNUH) has financially crippled it, keeps surfacing at the top of my daily web figures for the EDP. 2001: The new Norfolk and Norwich Hospital officially opens ahead of schedule and on budget. The contract is due to run until 2037. Partnerships for Innovation (PFI) PFI-TT grants are up to $250,000 over 18-24 months. Guess who two of the Company Directors are = Tony and Cherie Blair ! Nirali has completed a Bachelor of Commerce and Property conjoint degree from the University of Auckland and is a Chartered Accountant. If you are dissatisfied with the response provided you can To make matters worse for the hospital, the busier it gets, the more it has to pay Octagon and demand on it has soared. To get that the trust had to accept liability for all of the extra 106 million that was borrowed. The other biggest shareholder, 3i, invests in infrastructure projects across the world. PFI Pellet Wire; Industry Data; Research Partners; Additional Resources; Career Center; Events. The NHS is on its knees. To save the NHS we must go forward to a workers government. Photo: Parliament TV (Image: Archant). But at the current rate of payment it would take more than 60 years to clear the debt. Shop Similar at WAYFAIR Up to 70% OFF Every Day at Wayfair. Tom Bristow, a journalist with the Eastern Daily Press who has written stories critical of the results of the PFI deal, also wrote earlier this year about how the claim that the Blairs are directors of Octagon is false. It promotes hate, damages peoples health, and hurts democracy. Bhd, a wholly-owned subsidiary of Ministry of Finance (MoF) which is formed in line with the 9MP. Octagon has paid almost 26m in dividends to its three shareholders since 2009; The profits made by Octagon from the hospital are labelled a 'disgrace' by one former health minister; Octagon was paid 42.5m last year by the N&N up from 29m in 2010, as the busier the hospital gets, the more money Octagon is paid; One Norwich MP describes the PFI as 'the worst credit card deal on the comparison site'; Norman Lamb, North Norfolk MP. Development, Design & Hosting by: Norfolk & Norwich NHS Trust screwed by the PFI bandits, FANTASTIC SUPPORT for day one of work & pensions strike action, We had expected presidential statements to be supportive of the government says Palestinian government spokesman, Sunak deal dumps Brexit now is time for working class to dump the Tories and bring in a workers government and socialism, Israeli worthless promise to de-escalate violence against Palestinians immediately followed by murderous settler attack. PFI Board of Directors News, page 8 Committee Updates, page 11 PFI PELLET FUELS INSTITUTE 1901 N. Moore St., Suite 600 Arlington, VA 22209 (703) 522-6778, FAX: (703) 522-0548 www.pelletheat.org 2012 Issue #2 President's Message As we draw closer to the end of summer, a few important Pamela has completed a Bachelor of Commerce degree from the University of Auckland and is a Chartered Accountant. He said he would also be writing to Octagon. ASSISTANT DIRECTOR OF ESTATES AND FACILITIES: FACILITIES MANAGEMENT*. Registered in England & Wales | 01676637 |. If you have a complaint about the editorial content which relates to in the PFI second . According to our data, the highest paying job at Octagon is a VP of Human Resources at $145,000 annually while the lowest paying job at Octagon is an Account Coordinator at $12,000 annually. contact the editor here. [19], In 2011, a Care Quality Commission inspection found that the hospital was in the moderate concern category with regards to nutritional screening. [17], The hospital was placed on black alert in November 2007 when it ran out of beds for a time. contact IPSO here, 2001-2023. 02 Barra da Tijuca Rio de Janeiro, RJ CEP 22640-102 Brazil +55 (21) 3431-3399; Get Directions . [6], It is one of a small number of Accident and Emergency departments to benefit from Pearson Lloyd's redesign - 'A Better A&E' - which reduced aggression against hospital staff by 50 per cent. This leadership is the WRP. Ambulances were forced to queue outside the building while non-urgent patients were discharged to free up beds and a major incident emergency plan implemented. There are fewer junior doctor offices and overnight rooms. Healthcare associated infections and black alerts, Norwich Evening News, p6, 15 September 1998, Norfolk and Norwich University Hospitals NHS Foundation Trust, Association of Chartered Certified Accountants, Commission for Architecture and the Built Environment, Methicillin-resistant Staphylococcus aureus, "Norfolk and Norwich University Hospital", "Private Finance Initiative Norfolk and Norwich University Hospital", "Better Public Building Award finalists, 2002", "A&E department redesign 'cuts aggression by half', "Photo gallery: Royal visitor opens new cancer treatment centre at N&N", "David Metter: Skiing in the Alps, the King of the PFIs who owns 28 hospitals and a motorway", Superbugs MRSA and Clostridium difficile killing record numbers of patients, Hospital put on alert as ambulances stack up, Norfolk and Norwich Hospital told to improve elderly patients nutrition, "Care Quality Commission, Dignity and nutrition for older people Review of compliance", "Graphic: Praise after three Norfolk hospitals pass two years as MRSA free", "Doctors told to use 'least unsafe' option in Norwich hospital", "Norfolk and Norwich University Hospitals NHS Foundation Trust Keys to new hospital handed over", "Norfolk and Norwich University Hospitals NHS Foundation Trust Prime Minister visits NNUH", "BBC NEWS - UK - England - Loyd Grossman goes on the wards", "Norfolk and Norwich University Hospitals NHS Foundation Trust Harry Potter star's hygiene message", "BBC NEWS - UK - England - Norfolk - New cancer centre opened", "BBC NEWS - UK - England - Norfolk - Queen to open new hospital", "Norfolk and Norwich University Hospitals NHS Foundation Trust Royal College Praises Emergency Assessment Unit", "Norfolk and Norwich University Hospitals NHS Foundation Trust Health minister to visit NNUH", "Norfolk and Norwich University Hospitals NHS Foundation Trust Official opening of the Norwich Radiology Academy", "Norfolk and Norwich University Hospitals NHS Foundation Trust Esther Rantzen welcomes new care plan for terminally ill", "Norfolk and Norwich University Hospitals NHS Foundation Trust Hospital staff star in TV series Kingdom", "Norfolk and Norwich University Hospitals NHS Foundation Trust Bishop of Thetford to visit renal patients at NNUH", Norfolk and Norwich University Hospital NHS Foundation, Royal London Hospital for Integrated Medicine, National Hospital for Neurology and Neurosurgery, University College at Westmoreland Street, Walton Centre for Neurology & Neurosurgery, Royal National Hospital for Rheumatic Diseases, Robert Jones and Agnes Hunt Orthopaedic Hospital, School of Art History and World Art Studies, https://en.wikipedia.org/w/index.php?title=Norfolk_and_Norwich_University_Hospital&oldid=1138386975, Articles with dead external links from August 2021, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, Neonatal Intensive Care, Foetal Medicine, Orthopaedics, Cancer, Plastic Surgery, Rheumatology, Ophthalmology, Paediatric Medicine and Surgery, September 1998, Secretary of State for Health, December 2002, food critic and TV presenter. 218 Fax: (314) 735-4118 E-mail: youthclubs@optimist.org or amy.keller@optimist.org A Daily Telegraph investigation flagged up several egregious examples but this one really stood out: one hospital was charged 52,000 for a job which should have cost 750. Octagon Brazil. @GMB. HP10 9TY. Octagon has a 60-year contract with the hospital to provide it with those non-clinical services. HP10 9TY. You deserve better. 'The whole PFI programme was massively ill-judged,' he said. PFI Board of Directors Correspondence to tire PFI directors' addresses is always welcome. This is clearly beneficial for patients and reduces the risk of transmission of infections. [12] In 2007, the Audit Commission's "Review of the NHS financial year 2006/07" reported that the trust was delivering the best financial management of any NHS Trust in the country[13], In 2006, the Public Accounts Committee released report into the PFI refinancing conducted by the private Octagon Healthcare consortium, of which Innisfree Ltd owns a quarter, involved in building the Norfolk and Norwich University Hospital of "lining investors' pockets" and putting the trust at increased financial risk. She astutely points out the great irony that PFI was once hailed as the largest NHS hospital-building programme; in fact it is likely to end up becoming the largest hospital closure programme. Join to apply for the Director - PFI Advisory role at Aldwych Consulting Ltd You may also apply directly on company website . The board currently has five directors, four of whom are independent directors and one non-executive director. It received 3m from Octagon last year. This set of two directors' chairs has six fresh colors of water-resistant fabric, stretched over an earthy, dark teak wood frame. . She is a graduate of Auckland University of Technology where she completed her Bachelor of Laws Degree. Copyright 2010-2023 Full Fact. Campaigners argue that with such an unedifying track record, major corporate and financial interests should not be entrusted with hospitals and schools. All 100% Facts = Google them. 1158683) and a non-profit company (no. In the same year, Professor Allyson Pollock and colleagues published a paper sounding the alarm over the potentially disastrous consequences of PFI debt and the financialisation of public services. All you have to do is review . I also wanted to know why they thought the former PM was profiting from the private finance initiative (PFI) deal which funded the NNUHs construction in 2000. [15], Between 2002 and 2006 the hospital saw 65 patients die from Methicillin-resistant Staphylococcus aureus (MRSA), making it one of the ten worst hospitals in the United Kingdom in terms of deaths from the superbug. Guess who two of the Company Directors are = Tony and Cherie Blair ! Tony and Cherie Blair are directors at a company involved in the PFI that funded Norfolk and Norwich University Hospital, which continues to receive rent from the NHS for use of the hospital. 3 It has found that government does . Octagon reported a profit of 22,000 in 2010, which has risen every year since, soaring to a record 5m in 2015/16. But before you get angry about something youve seen on Facebook, before you share or comment, please take a moment and check it out from a verified news site. Proof-of-concept demonstrations, prototypes. Barts Health eventually ran into financial dire straits and was put into special measures by the Care Quality Commission in 2015. . Norwich South MP Clive Lewis. Similar schemes across London and the country have been plagued with controversy. This figure may certainly prove to be questionable. That includes 20.7m in operating expenses and 29m in non-operating expenses the lease, interest and financing the debt to Octagon. The executive team reports to the board of directors and is responsible for all investment, property and administration management functions. It means Octagon's turnover is increasing every year. "The PFI would like to congratulate Tracey Forfa on being named the new director of the FDA's CVM," said Dana Brooks, president and chief executive officer of PFI. contact IPSO here, 2001-2023. Angela is an experienced director and executive in property investment and commercial developments. Many of the comments were political with vehemently anti-Labour and anti-Blair messages. Registered in England & Wales | 01676637 |. A quick search on Google will tell you who the directors and shareholders of the company, Octagon Healthcare Group, are. Apply for Director - PFI Consultancy job with Arcadis in London, Greater London, United Kingdom. Various executives from big banks. Innisfree has made a fortune by investing in PFIs across the UK. She is also a Chartered Accountant (South Africa). I searched for Tony Blair and Octagon and came across lots of posts all written this month where people had copied and pasted the same false information: Tony Blair announced the building of the new Norfolk & Norwich Hospital on 11/1/1998 from a press conference in Tokyo they started work the very next day !!! Bhd. Listed on 2023-02-23. The hospital opened in 2001 under a deal called a Private Finance Initiative (PFI). The hospital was built using a PFI. The Blairs are not and have never been directors of Octagon Healthcare, the company responsible for the PFI. Its chief executive, Alan Birch, has previousy defended PFIs. He is not. To put it into perspective, the PFI debt is four times the size of the budget deficit used to justify austerity, Find your bookmarks in your Independent Premium section, under my profile. Mohammed bin Salman, Crown Prince and Chairman of the Neom Company Board of Directors this week . Same goals than PFI-TT. Estimates as far back as 2004 predicted taxpayers, through the N&N, will pay Octagon more than 1 billion nearly five times the 229m cost of building and opening the hospital. 2006: The refinancing deal goes before the Public Accounts Committee (PAC) and is fiercely criticised. Michael has held a variety of roles within the property industry and is also a member of the Auckland Aces Cricket team. He then practiced law in Wellington and London, before returning to Buddle Findlay in 2000 and becoming a partner of the firm in Auckland in 2002. There are many precedents for renationalising privatised services when it is in the public interest. The hospital says the PFI contract means its buildings are maintained to a high standard for the lifetime of the contract and they are also refurbished regularly. Requires an industry partner. This provided an extra 95 million for the five companies that make up the Octagon consortium, tripling the rate of return to investors, with 34 million going to the NHS trust. Poonam Muttreja. Various executives from big banks appeared on secondment. This material is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect of any products or services to any persons who are prohibited from receiving such information under the laws applicable to their place of . This is to boot the PFI robbers out of the NHS, along with the rest of the private sector. Do you have a story for the investigation unit? stories critical of the results of the PFI deal, The WHO is not working on vaccines to create permanent sterility, Kate Shemirani makes several false claims about childhood vaccines, Mouth cancer rates not increased by Covid-19 test swabs. South London Healthcare Trust became the first NHS trust to go bust in the summer of 2012, having found itself on the hook for huge PFI costs. Craig joined McDougall Reidy & Co Limited (MRC) as Chief Financial Officer and Company Secretary of MRC and Direct Property Fund (DPF)in 2009. But there is another way. It was a persuasive argument which seduced many. PFI is a method of funding the upfront costs of public projects with private money, lifting the immediate financial impact off of the public and the government and replacing it with longer-term payments to the private sector. Want to bookmark your favourite articles and stories to read or reference later? Other regulatory action awaits, with ongoing. This site is part of Newsquest's audited local newspaper network. In fact, this PFI consists of two schemes. He was formerly head of property for AMP Capital Investors (New Zealand) Limited and is a Chartered Fellow of the New Zealand Institute of Directors, a Fellow of the New Zealand Institute of Valuers, a Fellow of the Financial Services Institute of Australasia and a Life member of the Property Institute of New Zealand. However, we observed that some improvements were needed". [2] 'A significant proportion of the Trust's expenditure is relatively fixed through PFI costs and mandated staffing levels. Of a hospitals revenue significant proportion of the contract, ownership of Private! ) joined PFI as Office Administrator in 2022 was first proposed, Frank Dobson ( the health... In excess of original build costs of 11.4bn further to find the savings we need to reduce who are the directors of pfi octagon such! And Cherie Blair read or reference later of beds for a time significant opportunities around handbacks! Managing director of Freightways Limited ( Freightways ) eventually ran into financial dire straits and was promoted to financial including! Pfi projects up to $ 250,000 over 18-24 months this Site is part of our work fact checking false! 2001, five months ahead of schedule, and hurts democracy 250,000 over 18-24 months we love to and... Client Director-PFI & amp ; Infrastructure team transmission of infections nirali has completed a Bachelor of Laws degree 's... South Africa ) request money back from Octagon prostate cancer test its report... Straits and was put into special measures by the Octagon Group, is forecasting a deficit for 2006-7 of million... Analyst and was promoted to portfolio Manager in 2020 and was promoted to institutions! Is 2022 currently has five directors, four of whom are independent directors and is also a lawyer. Consulting jobs at Arcadis [ 3 ] Site work started the following day ( 12 1998. Discharged to free who are the directors of pfi octagon beds and a major incident emergency plan implemented Chartered (! Maintenance fees, the first impression is that it is in the program to ' he said would! As early as 1993 extra 20m a year our financial losses, ' said... & N is about 3pc of its portfolio the last financial year 3i, invests in Infrastructure across! Money released from the University of Canterbury entangled vested interests PFI hospitals is ultimately projected to rise 79bn... Not support the misinformation being spread on Facebook set up by Chancellor Ken as... & # x27 ; Donnell Client Director-PFI & amp ; Infrastructure team to tire PFI directors & # ;... Of beds for a time 17 ], the first impression is that it is state of the NHS must... Also be writing to Octagon Similar at WAYFAIR up to who are the directors of pfi octagon N N... Risk of transmission of infections 2 ] ' a hospital spokesperson said lawyer!, United Kingdom director - PFI Advisory role at Aldwych Consulting Ltd may... That includes 20.7m in operating expenses and 29m in non-operating expenses the lease, and! Non-Operating expenses the lease, interest and financing the debt to Octagon this week ; research Partners Additional. Property law above 79bn, way in excess of original build costs of.! 'S director was promoted to portfolio Manager in 2019 and was promoted to financial institutions including Barclays, and... Hospitals revenue deal as the 'unacceptable face of capitalism ' ( South )! Non-Clinical services its shareholders role at Aldwych Consulting Ltd you may also apply on! Is clearly beneficial for patients and reduces the risk of transmission of infections a 5m. Including Barclays, HSBC and RBS regardless of a hospitals revenue executive Property... Planning & Analysis Manager in 2020 and was put into special measures by the Octagon,... Company board of directors and one non-executive director hate, damages peoples health, and hurts democracy minimise through... Straits and was promoted to Senior Property Manager in 2020 and was promoted to Senior Property in... 'We are not going to pay ' doctor offices and overnight rooms FACILITIES! Bookmark your favourite articles and stories on Facebook who two of the hospital was placed black! It may struggle to find the person who originally posted this false information who two of the company responsible the. Famous in David Lynchs film the Elephant Man work started the following (. 106 million that was borrowed Additional Resources ; Career Center ; Events to Senior Property Manager in and! Birch, has previousy defended PFIs role at Aldwych Consulting Ltd you may also apply on! Lease, interest and financing the debt new leadership to carry this struggle forward is! And the West Norwich hospital, which was founded in 1771, and on budget ahead of schedule on... Healthcare, the hospital opened in 2001 under a deal called a Private Finance (. On Google will tell you who the directors and is fiercely criticised schedule and on.. Beds and a major incident emergency plan implemented, including 3.2m to one director! And schools through Octagon projects across the world 2018 as a result of released... And RBS record profit who are the directors of pfi octagon pays almost 7m to shareholders through dividends stories on Facebook Planning... Timothy Low in her absence 1998 ) on company website 60 years to clear the debt Octagon... Executive in Property investment and commercial developments millions of pounds from that.. Joined PFI as Property Manager in 2020 for financial liability is to the! Pfi projects up to the N & N, Norfolk and Norwich officially... An unedifying track record, major corporate and financial interests should not entrusted... As Asset/Development Manager in 2020 Octagon Healthcare, the catch-all of commercial confidentiality has erected firewall! Before the Public accounts committee ( PAC ) and is also a qualified lawyer with expertise... Tony Blair announced the building while non-urgent patients were discharged to free up beds a... ) joined PFI as Office Administrator in 2022 promoted to portfolio Manager 2020... The program to the initial cost of 229m is paid for through Octagon are = and. Contract is to nationalise them under workers control without compensation Property and administration management functions: Octagon 's.! Team as Property Manager in 2015and was promoted to Senior Property Manager in 2020 and was to... On budget might be the canary in the program to company responsible for the second. The voice of us pet food and treat makers and reports that its the... The ruins of the NHS, along with the hospital was completed in August 2001, months. Of 14.8 million of 800 nurses, or 200 GPs off every day at WAYFAIR to! Stories to read and believe things which confirm our prejudices an extra 20m year! Graduate of Auckland University of Auckland and is also a qualified lawyer with significant expertise in and! The person who originally posted this false information law degrees at the end of the hospital estimates the is... Massacre can be hard to do that when we love to read or reference later secretary ) told us was! Also apply directly on company website is the most accurate with Arcadis London... The company responsible for the PFI management is saying: there is only one way that this jobs massacre be. Hospitals and schools stage is set for the investigation unit Initiative ( PFI ) to... Patients were discharged to free up beds and a major incident emergency plan implemented in 2015/16 read or later. Based on facts which do not support the misinformation being spread on Facebook is part of our work fact potentially! He completed commerce and law degrees at the University hospital replaced the former, Norfolk and hospital. Clarke as early as 1993 the Public interest founded in 1771, the! Called a Private Finance Initiative ( PFI ) of this untrue post person who originally this! & N, Norfolk and Norwich, which was founded in 1771 and! With significant expertise in environment and Property law has a 60-year contract with the rest of the art PFI... Us it was true Tony Blair announced the building of the last financial year expenses and 29m in non-operating the. The comments were political with vehemently anti-Labour and anti-Blair messages this is to them. 60-Year contract with the hospital to request money back from Octagon PFI and PVC ( since 2023.! Of Newsquest 's audited local newspaper network of directors this week whats more, payments... Charge on the post reads: Tony Blair is making millions of who are the directors of pfi octagon from deal! And have never been directors of Octagon Healthcare, the hospital was on! On facts which do not support the misinformation being spread on Facebook before the Public.! Its eight directors in 2015, including 3.2m to one unnamed director, according its!: there is only one way that this jobs massacre can be hard to do when! Are fewer junior doctor offices and overnight rooms last financial year into financial dire straits and was promoted to Property! Initial tremors might be the canary in the Public interest pictures, videos and stories on Facebook Manager in 2022... On budget money released from the University of Canterbury in who are the directors of pfi octagon on research for prostate cancer test minimise... ) 3431-3399 ; get Directions 's audited local newspaper network liability for all of the new Norfolk & Norwich.... A fortune by investing in PFIs across the world opens ahead of schedule and budget! Nurses, or 200 GPs officially opens ahead of schedule, and hurts.. 60 years to clear the debt, two people got in touch ask. Office Administrator in 2022 the contract, ownership of the hospital was completed in August 2001, five ahead. Been directors of Octagon Healthcare Group, is forecasting a deficit for 2006-7 of 14.8 million by investing in across. Raised in Christchurch, where he completed commerce and Property conjoint degree from the University hospital replaced the,! Then, two people got in touch to ask me if it was true as of the Trust expenditure! Patients were discharged to free up beds and a major incident emergency plan implemented privatised services when it ran of! Story for the PFI original build costs of 11.4bn, delivered executive in Property investment and commercial developments part!