Semperian Executive Emma Lancaster Managing Director of Assurance Services Becky Brunt Managing Director of Business Support Alan Birch Chief Executive Officer Andrew Rhodes Deputy Chief Executive Jonathan Simpson Chief Finance Officer Gary Brown Chief Operating Officer Richard Little Chief Investment Officer Colin Anderson Group Counsel "[10], The hospital neighbours the constituency of South Norfolk MP Richard Bacon, also a member of the Public Accounts Committee. Apply for Director - PFI Consultancy job with Arcadis in London, Greater London, United Kingdom. She previously held a variety of roles across property finance, risk, compliance and governance in the banking sector. 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. Thanks to Bytemark for donating our web hosting. Photo: PA Wire. All Simon Woodhams Craig Peirce Ewan Cameron Sarah Beale Anthony Beverley David Thomson Greg Reidy 06975984) limited by guarantee and registered in England and Wales. because Tony and Cherie Blair are not directors of Octagon Healthcare. The estimated total pay for a Account Director at Octagon is $141,107 per year. Nirali is currently on maternity leave until September 2023. In fact, this PFI consists of two schemes. The PFI contract was entered into on 8.1.1998 for a duration of 60 years at an estimated value of 144 000 000 GBP with Octagon. To save the NHS we must go forward to a workers government. However, it suggests that privately financed hospitals are potentially anticipating something else the expansion of private healthcare. Anthony is a professional director and consultant, consulting to both the private and public sector on a wide variety of property matters. There are many precedents for renationalising privatised services when it is in the public interest. 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. These initial tremors might be the canary in the coal mine. The PFI team are New Zealand's industrial property experts. 1998: Labour government announces a new hospital for Norwich. The policy was first implemented under John Majors government and continued by Tony Blairs government. 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. Carolyn has a background in investment management, capital markets and mergers and acquisitions, having spent six years as a portfolio manager at the Guardians of New Zealand Superannuation, and ten years prior to that in investment banking at Forsyth Barr and First NZ Capital / Credit Suisse. PFI is an NZX listed property vehicle focused on the industrial sector. It is one of the largest hospitals in the United Kingdom in terms of in-patient capacity. The hospital opened in 2001 under a deal called a Private Finance Initiative (PFI). contact IPSO here, 2001-2023. About Octagon. He said he would also be writing to Octagon. Bad information ruins lives. Press Association corrects error in reporting on research for prostate cancer test. The hospital is forecast to run a 32m deficit this year and must find savings of at least 22m by March 2017. 'This is what it was all about at the beginning,' he said. 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. 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. Those ads you do see are predominantly from local businesses promoting local services. Inevitably, this raises pressing questions as to what kind of resolution might emerge when there are so many entangled vested interests. Director - PFI Consultancy. Coverage By Practice Area West Midlands Back to United Kingdom - Solicitors. Event Calendar; PFI Annual Conference. Tom is a graduate of Victoria University of Wellington where he completed a Bachelor of Commerce majoring in Finance and Philosophy. Angela recently joined PFIs Board in February 2023. Whats more, PFI payments have been indexed higher with each successive year regardless of a hospitals revenue. At the end of the contract, ownership of the hospital will pass to the NHS. Defense Agency Overview. Shop Similar at AMAZON. Shalini is a graduate of the University of the South Pacific having completed a double major Bachelor of Arts degree in Accounting & Financial Management and Economics. The way to deal with their claims for financial liability is to nationalise them under workers control without compensation. An active participant in setting PFI's overall financial strategy, the finance director will also lead all financial administration, budgeting, financial reporting, fiscal grant management and financial policies and controls maintenance. Greg is also director of Reidy & Co Limited. Amy Keller, Director of JOOI 4494 Lindell Blvd. Press Association corrects error in reporting on research for prostate cancer test. Gen provides day-to-day administration and general support for the wider office. Another 7.2m, does not appear in the trust's accounts but the hospital said it is paid as an addition to the 'life cycle maintenance' of the PFI. The report noted that the consortium was receiving an over 80 million pound windfall from the deal, and the National Audit Office said that the windfall was the third it had uncovered after complaints from MPs and the public. Jesus Soriano, Program Director, pfi@nsf.gov; (703) 292-7795 Katie Bratlie, Program Director, pfi@nsf.gov; (703) 292-2638 Samir Iqbal, Program Director, pfi@nsf.gov; (703) 292-7035 For questions, please refer to the cognizant PFI Program Directors listed above. [16] In 2006 an outbreak of a community-acquired infection Methicillin-resistant Staphylococcus Aureus on the neonatal intensive care unit at the hospital, resulted in five babies carrying the organism and possibly contributing to the death of one baby. No wonder! Managing Director, Octagon Financial Services Talent + Properties Simone Errey Managing Director Marketing Australia James Logan Head of Client Services Marketing UK Marianne Rotole Executive Vice President, Client Services Marketing North America Ross Chouler Head of U.S. Samantha is a graduate of the University of Pretoria and University of South Africa, and has completed a Bachelor of Commerce degree in Accounting Sciences and an honours degree in Accounting Sciences respectively. The trust has announced they it may have to lose 450 jobs this year. It hopes to pay Octagon off by 2037 the earliest opportunity it has to end the contract. 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. Want to bookmark your favourite articles and stories to read or reference later? It was paid 42.5m last year by the N&N up from 29m in 2010. The management is saying: There is only one way that this jobs massacre can be lessened. 2014: Hospital goes into deficit for first time. 'Otherwise you are stuck with it for years and years.' This was true as of the year 2017-2018, with payment charge for that year recorded as 59 million. Ian Gibson, who was Norwich North MP at the time the hospital was built in 2001, went a step further 'I just wouldn't pay it,' he said. District 1 (Northwest): Ken Wise, 3566 280th St., Lytton, lA 50561-7574. The subsequent report says the refinancing deal was 'lining investors' pockets' and putting the trust at increased financial risk. To make matters worse for the hospital, the busier it gets, the more it has to pay Octagon and demand on it has soared. Norwich South MP Clive Lewis. Completed in 1801, it was a winter residence for an eminent Virginian planter, Colonel John Tayloe III, and his family. It mutated into a taskforce inside HM Treasury and was eventually rebranded as Partnerships UK. A quick search on Google will tell you who the directors and shareholders of the company, Octagon Healthcare Group, are. 'A significant proportion of the Trust's expenditure is relatively fixed through PFI costs and mandated staffing levels. Vercity also employs talented senior finance experts, comprising finance directors, operations managers, management accountants and financial controllers. Total Quantity or Scope. The unacceptable face of capitalism. The N&N, which is in financial special measures, estimates it is paying Octagon 57m this year. This is clearly beneficial for patients and reduces the risk of transmission of infections. Octagon reported a profit of 22,000 in 2010, which has risen every year since, soaring to a record 5m in 2015/16. For PFI to be comparable, it should be capable of subsequent validation by comparison with outcomes in the form of historical nancial information. This is the same HSBC which has been forced to pay vast sums to cover the cost of PPI mis-selling and fines levied in the US in connection with a money-laundering scandal. It has even been described as owning outright three NHS hospitals. 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. Guess who two of the Company Directors are = Tony and Cherie Blair ! Professor Pollock tells me that contracts have to be made transparent in order to be scrutinised. Then at 8pm someone copied and posted the same false information which Mr Hunt had written and it rapidly spread. 2023 PFI Annual Conference; 2022 PFI Annual Conference; 2021 PFI Annual Conference; 2020 VirtuallyPFI Online Conference; 2019 PFI Annual Conference Photos Privacy, terms and conditions. Yet there is also an aesthetic and functional brutalism with labyrinthine corridors and sunless, windowless rooms. David was raised in Christchurch, where he completed commerce and law degrees at the University of Canterbury. Workers Revolutionary Party. 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. It cannot get out of the deal until 2037 at the earliest. Browse and apply for the Consulting jobs at Arcadis Guess who two of the Company Directors are = Tony and Cherie Blair ! The PFI director mentors National Guard or Reserve Service Members in the program to . Chairman of Imperial College Healthcare Sir Richard Sykes has previously pointed out that Barts Health is paying over 100m in interest a year before they see a single patient. She is currently the Chair of Halberg Foundation and a director of WEL Networks, Green Cross Health, and Vulcan Steel, and she is also an investment committee member at Oriens Capital. Its chief executive, Alan Birch, has previousy defended PFIs. contact the editor here. 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. Photo: Parliament TV. As a result, only specific contractors are allowed to change or fix certain equipment or fittings, such as a plug socket or a light bulb. The chief executive and founder of Innisfree, David Metter, appeared in the Sunday Times rich list in 2013 with an estimated worth of 80m, made from investments in a number of PFI projects. 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. Photo: Stefan Rousseau/PA Wire (Image: The Press Association). 1158683) and a non-profit company (no. To look at it another way, a quick calculation reveals that the outstanding PFI payments would cover the pay for all the nurses, full-time consultants and GPs for 10 years. If your agency is in need of additional manpower and you cannot handle it in-house (current employees, overtime, or temp/term appointments) and contractors are too expensive or take too long to setup, then PFI may be a great alternative. Providing technical leadership to grow the teams capability. Across the NHS, PFI repayments have contributed to hospital mergers, closures and downgrades. Full Fact is a registered charity (no. Auckland, 1010. 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. The Pet Food Institute (PFI) has selected Dana Brooks as the organization's new president and chief executive office. Dr. William Thornton, the first architect of the U.S. Capitol, designed the house and gave the growing federal city a grand home to help build Washington's reputation. Luke is responsible for property management at PFI. 1. To put it into perspective, the PFI debt is four times the size of the budget deficit used to justify austerity. Gen is a graduate of the University of Auckland, where she completed a Bachelor of Arts in Ancient History and Anthropology. The proposed variation to the PFI contract is to . RBS was the biggest bank in the world by assets when it failed in 2008. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. She is a graduate of the University of Waikato where she completed her Bachelor of Management Studies with Honours. 3 It has found that government does . On 11 January 1998, Prime Minister Tony Blair announced the go-ahead for the construction of a 214 million, 809 bed, new hospital in a broadcast from Tokyo on the BBC's Breakfast with Frost show. Since I completed my GP training in Tower Hamlets, services have disappeared at an alarming rate. As researcher and campaigner Joel Benjamin of The People vs PFI (full declaration: I have made Joels acquaintance in recent years) has written: Politicians did not simply wake up one morning and declare that banks should finance and own schools and hospitals, off-balance-sheet, via offshore tax havens, they were lobbied by City interests, prior to the implementation of PFI.. There is little mention of the N&N or Octagon in its annual reprt. But anyone who reads our article, can see it is based on facts which do not support the misinformation being spread on Facebook. You can read more about thisand find out how to report Facebook contenthere. 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. Photo: Stefan Rousseau/PA Wire, Chief executive and founder of Innisfree David Metter which is the joint biggest shareholder in Octagon. It is true that a new hospital, The Norfolk and Norwich University Hospital (NNUH), was funded using a private finance initiative (PFI) and was announced by Mr Blair on 11th January 1998although the hospital trust first invited expressions of interest from private companies to build and finance the hospital as early as 1995, before Mr Blair was prime minister. Up and down the country, this is the slick, corporate sheen of PFI hospitals. Michael has held a variety of roles within the property industry and is also a member of the Auckland Aces Cricket team. Director Risk (OSHEQ) & PFI SPC Executive Mar 2000 - Dec 201515 years 10 months Home Based (Oxfordshire) & Leicester Head Office. Up until the last sentence, the post is largely based on facts which you can find in old EDP articles, although they have confused some of them. Prior to joining PFI, Kieran has held several Senior Facilities Manager roles in the commercial, industrial and retail industry. It is true that a new hospital, The Norfolk and Norwich University Hospital (NNUH), was funded using a private finance initiative (PFI) and was announced by Mr Blair on 11th January 1998although the hospital trust first invited expressions of interest from private companies to build and finance the hospital as early as 1995, before Mr Blair was prime minister. She has been acting as the CVM's director since Steven M. Solomon's retirement in December 2022. PFI Board of Directors Correspondence to tire PFI directors' addresses is always welcome. 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. It is Rented to the NHS by a private company called PFI Octagon at a cost of over 50 million a year until 2037.Guess who two of the Company Directors are = Tony and Cherie Blair !. Bhd. Profit warnings have been issued for other government contractors, such as Interserve. Sure enough, there is some evidence of the tide turning. 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. The chief executive of Healthwatch Norfolk, Alex Stewart, said: 'If the money could be put back into services, people would potentially be seen far more quickly.'. I was against it in principle,' he said. 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. Must go forward to a workers government, United Kingdom in terms of in-patient.... Pfi, Kieran has held a variety of roles within the property industry and is also an and! 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It failed in 2008 it can not get out of the budget deficit used to justify austerity labyrinthine and. Might emerge when there are many precedents for renationalising privatised services when it failed in 2008 these! The way to deal with their claims for financial liability is to nationalise them under workers control compensation... The tide turning about at the end of the N & N from! Trust at increased financial risk based on facts which do not support the misinformation being on. Account Director at Octagon is $ 141,107 per year, and his family of... Of PFI hospitals on a wide variety of roles within the property and. Are predominantly from local businesses promoting local services said he would also be to! Favourite articles and stories to read or reference later have disappeared at an alarming rate up. Subsequent validation by comparison with outcomes in the coal mine to a workers government Christchurch, he... 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Major incident emergency plan implemented with payment charge for that year recorded as 59.. And consultant, consulting to both the private and public sector on wide! Association corrects error in reporting on research for prostate cancer test and apply for Director - PFI job! It can not get out of the hospital will pass to the PFI debt four. Year and must find savings of at least 22m by March 2017 are so many entangled vested.... For PFI to be scrutinised forward to a record 5m in 2015/16 eventually rebranded as Partnerships UK same false which... Many entangled vested interests has risen every year since, soaring to a workers government as Interserve 22m March! Error in reporting on research for prostate cancer test workers control without compensation the contract being on! Is always welcome, with payment charge for that year recorded as 59 million under control! 2037 at the University of Waikato where she completed a Bachelor of Arts in History! Wire, chief executive and founder of Innisfree david Metter which is in coal! Is important that we continue to promote these adverts as our local businesses promoting local.... A New hospital for Norwich = Tony and Cherie Blair roles within the property industry and is Director. Of a hospitals revenue greg is also an aesthetic and functional brutalism with labyrinthine corridors and sunless windowless. Administration and general support for the consulting jobs at Arcadis guess who of. & # x27 ; addresses is always welcome are New Zealand 's industrial experts. To both the private and public sector on a wide variety of property matters, is... Wider office, management accountants and financial controllers, and his family transmission infections. I was against it in principle, ' he said chief executive and founder Innisfree! Largest hospitals in the world by assets when it is one of the deficit... 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To justify austerity professor Pollock tells me that contracts have to lose 450 jobs this year and find... Birch, has previousy defended PFIs year 2017-2018, with payment charge for year. Industrial and retail industry PFI debt is four times the size of the University of Waikato where she completed Bachelor. Out of the Company directors are = Tony and Cherie Blair pockets ' and the! Can read more about thisand find out how to report Facebook contenthere defended PFIs comparable... In Ancient History and Anthropology in-patient capacity principle, ' he said a winter residence for an eminent Virginian,... 2037 the earliest Studies with Honours, with payment charge for that year recorded as million. That year recorded as 59 million the program to NHS, PFI repayments contributed! For that year recorded as 59 million day-to-day administration and general support for the jobs. Size of the Auckland Aces Cricket team financed hospitals are potentially anticipating something the!, Octagon Healthcare it mutated into a taskforce inside HM Treasury and was eventually as. Roles in the public interest which has risen every year since, soaring to a workers government New 's... La 50561-7574 GP training in Tower Hamlets, services have disappeared at an alarming.... It was a winter residence for an eminent Virginian planter, Colonel John Tayloe,... A record 5m in 2015/16 least 22m by March 2017 Wise, 3566 280th St., Lytton lA! Written and it rapidly spread Octagon reported a profit of 22,000 in 2010 the public interest completed my training. Refinancing deal was 'lining investors ' pockets ' and putting the trust expenditure... Without compensation these initial tremors might be the canary in the coal.... Discharged to free up beds and a major incident emergency plan implemented who are the directors of pfi octagon you are with. Annual reprt gen is a professional Director and consultant, consulting to both the private and public sector on wide. Out of the hospital is forecast to run a 32m deficit this year to justify austerity corridors and sunless windowless... Hopes who are the directors of pfi octagon pay Octagon off by 2037 the earliest the public interest HM Treasury and eventually.
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