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Written question asked by Earl Howe (Conservative), in the House of Lords. It was answered by Lord Warner (Labour) on Tuesday, 20 December 2005.

NHS: Local Improvement Finance Trust

Question
Which of the local improvement finance trust schemes have reached financial close, broken down by wave; what the total value of each scheme is; and what is the total investment for each scheme from (a) the public sector, and (b) the private sector.
Answer

Forty-two local improvement finance trusts (LIFT) have reached financial close in three waves. The total capital value of financially closed schemes undertaken by these trusts is over £740 million. The following table gives the total capital value of these schemes for each trust.Total investment figures for each scheme are not collected centrally. However, as a general rule, private investment is 96 per cent, and the public sector investment is 4 per cent, of the total value.

LIFT Status Capital value of financially-closed schemes £ms*
Wave 1
Barnsley Financial Close 13.12
Camden and Islington Financial Close 3.50
East London Financial Close 29.19
Manchester, Salford and Trafford Financial Close 39.06
Newcastle and N Tyne Financial Close 13.40
Sandwell Financial Close 9.80
Wave 2
Barking and Havering Financial Close 25.00
Birmingham and Solihull Financial Close 9.10
Bradford Financial Close 14.00
Cornwall and Isles of Scilly Financial Close 3.46
Coventry Financial Close 7.00
East Lancashire Financial Close 53.80
Hull Financial Close 6.55
Leicester Financial Close 15.40
Liverpool and Sefton Financial Close 10.64
Medway Financial Close 18.20
North Staffordshire Financial Close 7.50
Redbridge and Waltham Forest Financial Close 15.06
Wave 3
Ashfield (N Notts) Financial Close 33.74
Ashton, Leigh and Wigan Financial Close 30.00
Barnet, Enfield and Haringey Financial Close 13.60
Brent and Harrow Financial Close 17.50
Bristol Financial Close 15.90
Bromley, Bexley and Greenwich Financial Close 28.70
Colchester and Tendring Financial Close 35.80
Derby Financial Close 16.80
Doncaster Financial Close 8.89
Dudley Financial Close 13.20
Ealing, Hammersmith and Hounslow Financial Close 28.60
E Hants, Fareham and Gosport Financial Close 7.80
Gedling (Gt Notts) Financial Close 33.50
Lambeth, Southwark and Lewisham Financial Close 30.70
Leeds Financial Close 18.10
Norfolk Financial Close 3.98
Oldham Financial Close 2.52
Oxford Financial Close 16.00
Plymouth Financial Close 14.60
S E Sheffield Financial Close 5.00
S W London Financial Close 18.48
St Helens, Knowsley and Warrington Financial Close 28.70
Tees Valley Financial Close 17.17
Wolverhampton Financial Close 8.00
Wave 4
Bolton, Rochdale, Heywood and Middleton OJEU Not Applicable
Bury, Tameside and Glossop OJEU Not Applicable
South East Midlands OJEU Not Applicable
South Essex ITN Not Applicable
South Midlands OJEU Not Applicable
South West Hants OJEU Not Applicable
Sustainable Communities Kent OJEU Not Applicable
Wiltshire OJEU Not Applicable
Total 741.06
* Capital value of financially closed schemes is the capital value of the LIFT facilities that have reached financial close under each LIFT trust.

Secondary information

Type
Written question
Reference
3084; 676 c262-4WA
Session
2005-06
Subjects
Capital investment Private sector NHS Public sector NHS Local Improvement Finance Trust
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk