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. 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. Rodrigo joined PFI as Asset Manager in 2020 and was promoted to Asset and Development Manager is 2022. Luke joined PFI as Property Manager in 2019 and was promoted to Senior Property Manager in 2022. Luke is responsible for property management at PFI. One is making cuts of 22m, could run out of cash by November and will be 32m in the red this year. These adverts enable local businesses to get in front of their target audience the local community. 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. Guess who two of the Company Directors are = Tony and Cherie Blair ! 1158683) and a non-profit company (no. The way to deal with their claims for financial liability is to nationalise them under workers control without compensation. All directors are appointed by shareholders at PFI's annual meeting. Do you have a story for the investigation unit? It was later privatised with the shares sold off to financial institutions including Barclays, HSBC and RBS. Pamela joined PFI as Finance Manager in 2020. Of course, PFI was not always a toxic brand. The estimated additional pay is $34,101 per year. In January 2019, Craig was appointed asChief Finance and Operating Officer. Full-Time. 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. All Simon Woodhams Craig Peirce Ewan Cameron Sarah Beale Anthony Beverley David Thomson Greg Reidy To put it into perspective, the PFI debt is four times the size of the budget deficit used to justify austerity. 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. 06975984) limited by guarantee and registered in England and Wales. The management is saying: There is only one way that this jobs massacre can be lessened. 02 Barra da Tijuca Rio de Janeiro, RJ CEP 22640-102 Brazil +55 (21) 3431-3399; Get Directions . The Blairs are not and have never been directors of Octagon Healthcare, the company responsible for the PFI. There are currently over 700 PFI contracts and the bulk will start to expire from 2025. If we're gonna do that though, there's a risk of . And why are they asking about it now? Golf Clients . He said he did not get a glimpse of the PFI deal in the late 1990s before the hospital was built. Norwich and Norfolk University Hospitals Foundation Trust pays Octagon for use of the hospital and some maintenance fees. On the contrary, the Naylor Review a report recommending the disposal of NHS land and assets to generate investment is rehabilitating PPP. The argument went that Labour had inherited public services in such a diabolical state of neglect that there was no alternative to the private financing of whole swathes of infrastructure. 'This does limit the opportunities for us to find the savings we need to reduce our financial losses,' a hospital spokesperson said. 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. Auckland, 1010. Email tom.bristow@archant.co.uk, This website and associated newspapers adhere to the Independent Press Standards Organisation's Angela recently joined PFIs Board in February 2023. It is one of the largest hospitals in the United Kingdom in terms of in-patient capacity. 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. 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 !. Join to apply for the Director - PFI Advisory role at Aldwych Consulting Ltd You may also apply directly on company website . 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. How to Dismantle the NHS in 10 Easy Steps by Youssef El-Gingihy is published by Zero Books, Join thought-provoking conversations, follow other Independent readers and see their replies. Prior to joining PFI, she has held roles at public accounting firms, and has worked in roles in the insurance industry, specialising in financial reporting and analytics. It hopes to pay Octagon off by 2037 the earliest opportunity it has to end the contract. In 1997 it appeared to be New Labours magical solution to chronic underinvestment in public services in the wake of Thatcherism. The Norfolk and Norwich, which is being looted by the Octagon Group, is forecasting a deficit for 2006-7 of 14.8 million! 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. He said that, in his opinion, 'every penny of profit that leaves our NHS to go to the shareholders of companies like Octagon could instead be used on patient care'. Company website; Company jobs; . Focused on multidisciplinary, multi-organizational teams. This reduces the scope of savings initiatives,' it said. To reduce this number we need to significantly reduce the pay bill; there are a number of ways of doing this including better management of sickness and greater flexibility around rosters, shift patterns and out of hours working for all staff groups. The Personnel Force Innovation (PFI) Program is an Under Secretary of Defense (Comptroller) initiative to obtain and place National Guard and Reserve Service Members on active duty tours with Department of Defense (DoD) agencies for one to three years. Photo: Parliament TV (Image: Archant). Defense Agency Overview. To make matters worse for the hospital, the busier it gets, the more it has to pay Octagon and demand on it has soared. 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) 292-7529 Sincerely, Erwin Gianchandani Assistant Director Directorate for Technology, Innovation, and Partnerships REFERENCES 1 https://www.nature.com/articles/d41586-021-03045-w About PFI. As Alan Milburn the former Labour Health Secretary described by Private Eye as an almost maniacal convert to PFI put it: Its PFI or bust.. The finances of the Norfolk and Norwich University Hospital (N&N) are in stark contrast to those of the firm which was set up to build and maintain it Octagon Healthcare. 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. More. Providing technical leadership to grow the teams capability. The hospital's hands are closely bound when it comes to making 22m of cuts this financial year and getting closer to budget. 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. 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. One man even threatened to kill the Blairs because of this untrue post. The hospital was built using a PFI. because Tony and Cherie Blair are not directors of Octagon Healthcare. I was against it in principle,' he said. 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. District I (Northwest): Ken Wise, 3S66 28oth St., Lytton, lA 50561-7574. 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. Michael joined PFI as a Property Manager in 2021, and is a graduate of the University of Auckland, holding a Bachelor of Property. Registered in England & Wales | 01676637 |. Gen provides day-to-day administration and general support for the wider office. Edward Leigh, chairman of the committee, describes the deal as the 'unacceptable face of capitalism'. 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. The Octagon Center for the Arts is a non-profit community art center in the heart of downtown Ames, Iowa. The trust has announced they it may have to lose 450 jobs this year. Kieran joined the PFI team as the Lead Facilities Manager in 2022. Similar schemes across London and the country have been plagued with controversy. Listing for: ALDWYCH CONSULTING LTD. Full Time position. A report to the N&N's board warns it may struggle to find savings. She is a graduate of Auckland University where she completed a Property Degree and Diploma of Business (Finance). It was paid 42.5m last year by the N&N up from 29m in 2010. 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. Member of the Board of Trustees of the Brookings Institution. 1. Karen O'Donnell Client Director-PFI & Infrastructure Team. However this plays out, it looks like the stage is set for the final act of the PFI story. There is little mention of the N&N or Octagon in its annual reprt. Director since 2012, last re-elected May 2021. All directors are appointed by shareholders at PFI's annual meeting. At the end of the contract, ownership of the hospital will pass to the NHS. 'A significant proportion of the Trust's expenditure is relatively fixed through PFI costs and mandated staffing levels. The process is simple and we do most of the work. 'Why doesn't the government stand up and say, 'we are not going to pay'? (Paragraph 2.42) Principles for the preparation of PFI Published PFI is the responsibility of the board of directors. John Appleby, chief economist at the Nuffield Trust, a health charity, told the BBC's World At One that the total cost of buying out all the PFI contracts in the NHS alone could be well over. Maybe the press and reporters should start taking more responsibility for the mess ffs. Furthermore, the catch-all of commercial confidentiality has erected a firewall. 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. contact the editor here. The fees paid by the Trust are partly rent for the buildings, interest on its loan and partly fees for services such as cleaning, maintenance and gardening. Director, PFI and PVC (since 2023) Trustee, PDSRA and PETF (since 2023) . "[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. The Blairs are not and have never been directors of Octagon Healthcare, the company responsible for the PFI. Yet there is also an aesthetic and functional brutalism with labyrinthine corridors and sunless, windowless rooms. Norfolk and Norwich University Hospitals NHS Foundation Trust Arthur South Day Procedure Unit entrance in the PFI second . Constantin H. Beier . [20] The inspection report stated "People who use the service can be assured that they will be provided with respect, dignity and privacy by the staff during their stay in hospital. 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. Pfizer Director since 2014. The Norfolk and Norwich University Hospital. The hospital says it is paying Octagon around 57m a year. So why do they think this? However, it is not true that Tony or Cherie Blair are, or have ever been, directors of the companies that make up the Octagon Healthcare Group. The executive team reports to the board of directors and is responsible for all investment, property and administration management functions. Gen is a graduate of the University of Auckland, where she completed a Bachelor of Arts in Ancient History and Anthropology. [4] The Norfolk and Norwich University Hospitals NHS Foundation Trust pays the private PFI Octagon consortium in the region of 41 million a year. The hospital estimates the deal is costing it an extra 20m a year than a non-PFI deal. The board currently has five directors, four of whom are independent directors and one non-executive director. PFI-RP grants are up to $550,000 over 36 months. It is a socialist paper and gives particular coverage to Trades Union and International news. It mutated into a taskforce inside HM Treasury and was eventually rebranded as Partnerships UK. Associate Director of Estates new Lewisham and Greenwich NHS Trust 3.7 London SE13 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 Apply for Director - PFI Consultancy job with Arcadis in London, Greater London, United Kingdom. In October 2018, government announced it would no longer use PFI. The Blairs are not and have never been directors of Octagon Healthcare, the company responsible for the PFI. September 2003 National cancer director Professor Mike Richards formally opened the 20 million Colney Centre for Oncology and Haematology patients at the Norfolk and Norwich University Hospital. Tom works with both the Finance and Property teams on a wide variety of analytical tasks. Full Fact is a registered charity (no. Salaries posted anonymously by Octagon employees. Director Risk (EHSQ) Management Mar 2000 - Jan 201413 years. Michael has held a variety of roles within the property industry and is also a member of the Auckland Aces Cricket team. I looked further to find the person who originally posted this false information. It only got a small amount of traction. She is a graduate of the University of Waikato where she completed her Bachelor of Management Studies with Honours. Want to bookmark your favourite articles and stories to read or reference later? Ewan is responsible for leading the team that manages PFI's property portfolio. Leo Benjamin, 17636 Birch Ave., Whiting, IA 51063. Many of the comments were political with vehemently anti-Labour and anti-Blair messages. The Octagon was a suitable home for a president. She is a graduate of Auckland University of Technology where she completed her Bachelor of Laws Degree. The other biggest shareholder, 3i, invests in infrastructure projects across the world. The post also claims that NNUH has paid over 50 million a year to rent the hospital, and this will continue until 2037. All 100% Facts = Google them.. This set of two directors' chairs has six fresh colors of water-resistant fabric, stretched over an earthy, dark teak wood frame. One of Innisfrees flagship projects is the largest PFI hospital scheme located at Barts Health NHS Trust in East London. 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. 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. Privacy, terms and conditions. All directors are appointed by shareholders at PFIs annual meeting. Director Risk (OSHEQ) & PFI SPC Executive Mar 2000 - Dec 201515 years 10 months Home Based (Oxfordshire) & Leicester Head Office. HP10 9TY. If you have a complaint about the editorial content which relates to This article is part of our work fact checking potentially false pictures, videos and stories on Facebook. The hospital trust can terminate the PFI deal with Octagon in either 2037, 2042 or 2052. Applied research towards commercialization. In fact, this PFI consists of two schemes. All in all, fundamental questions are finally being asked about the nature of PFI contracts. Octagon were required to design, construct, operate and finance Norfolk and Norwich University Hospital and to provide facilities management services. 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. Ive been getting some weird emails recently. Norwich South MP Clive Lewis. Nirali works closely with the rest of the finance team of PFI, with a particular focus on Accounts Payable. I wanted to ignore them, dismiss them as conspiracy theorists, but surely the renewed interest in an old article and these emails were linked? 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. David was raised in Christchurch, where he completed commerce and law degrees at the University of Canterbury. 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. contact the editor here. Requires an industry partner. 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 has been acting as the CVM's director since Steven M. Solomon's retirement in December 2022. Of course, it can not police every post, it is up to us the user to take care of what we believe. What you will be doing. And in a 2004 long read for Private Eye the late Paul Foot exposed the seedy underbelly of its history. [2] Chief executive and founder of Innisfree David Metter which is the joint biggest shareholder in Octagon. [2] The hospital is a teaching centre for nurses (adult and children's), midwives, doctors, radiographers, therapists and operating department practitioners. The hospital was reportedly the biggest built using a PFI contract at the time. The domino effect has shades of the 2007-08 financial crisis even though it is clearly not of the same magnitude. 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) 292-7529 Sincerely, Erwin Gianchandani Assistant Director Directorate for Technology, Innovation, and Partnerships REFERENCES 1 https://www.nature.com/articles/d41586-021-03045-w The estimated total pay for a Account Director at Octagon is $141,107 per year. Norwich South MP Clive Lewis said: 'Successive governments' decisions to use PFI was like signing up for the worst credit card deal on the comparison site.' This article is part of our work fact checking potentially false pictures, videos and stories on Facebook. contact IPSO here, 2001-2023. Sure enough, there is some evidence of the tide turning. The controversial Private Finance Initiative was first introduced to the public sector under the Conservative government of John Major and the contract for NNUH, one of the first PFI hospitals, was signed in 1996. https://infogr.am/f39470fc-27ed-4451-954a-457e1be6b4f0, The N&N under construction in July 2001 (l). Bhd, a wholly-owned subsidiary of Ministry of Finance (MoF) which is formed in line with the 9MP. 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. 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 For Professional Investors only. Kam is a graduate of the University of the South Pacific and completed a Bachelor of Arts majoring in Accounting and Financial Management, Management and Public Administration and is an Associate Chartered Accountant. Imagine being whipped into such a frenzy by a Facebook post, which you havent even bothered to check the accuracy of. Browse and apply for the Consulting jobs at Arcadis The hospital is forecast to run a 32m deficit this year and must find savings of at least 22m by March 2017. The project was the first large PFI hospital scheme in the NHS. Other regulatory action awaits, with ongoing. Long-time critic of PFI Professor Pollock argues that these mergers will be followed by the final wave of closures in the run-up to privatisation and franchising out. Full Fact fights for good, reliable information in the media, online, and in politics. Octagon Brazil. [21], In March 2014 the N&N, Norfolk's biggest hospital, marked two years of being MRSA free. As Asset Manager in 2022 businesses to get in front of their target audience local! Want to bookmark your favourite articles and stories on Facebook the joint biggest shareholder in Octagon ) Trustee, and., which you havent even bothered to check the accuracy of this massacre... Tony and Cherie Blair nationalise them under workers control without compensation ] Chief executive and founder Innisfree! Auckland University of Waikato where she completed her Bachelor of Arts in Ancient History who are the directors of pfi octagon.. 17636 Birch Ave., Whiting, IA 51063 management Mar 2000 - Jan years... 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