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Written question asked by Karin Smyth (Labour) on Tuesday, 15 November 2016, in the House of Commons. It was due for an answer on Thursday, 17 November 2016. It was answered by Philip Dunne (Conservative) on Wednesday, 23 November 2016 on behalf of the Department of Health.


NHS Property Services: Debts

Question

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.

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.


Secondary information

Type
Written question
Reference
52960
Session
2016-17
Subjects
Debts NHS Property Services
Contains statistics
Yes
Link
View this Written question on www.parliament.uk