contact IPSO here, 2001-2023. A Gannett Company. The Norfolk and Norwich, which is being looted by the Octagon Group, is forecasting a deficit for 2006-7 of 14.8 million! 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 . Profit warnings have been issued for other government contractors, such as Interserve. Apr 23, 2020 Happy St George's Day to Palestinians, English, Georgians, Serbs, Portuguese, Maltese and Lithuanians everywhere who share his named day! The university hospital replaced the former, Norfolk and Norwich Hospital, which was founded in 1771, and the West Norwich Hospital. Full Fact fights for good, reliable information in the media, online, and in politics. The Norfolk and Norwich University Hospital (NNUH) is a large National Health Service academic teaching hospital in the Norwich Research Park on the western outskirts of Norwich, England. Photo: Archant, Norman Lamb, North Norfolk MP. Find Octagon Salaries by Job Title 81 Octagon employees have shared their salaries on CareerBliss. 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. 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. 2006: The refinancing deal goes before the Public Accounts Committee (PAC) and is fiercely criticised. Powerlinebd.com 01760002011 Power Line. To save the NHS we must go forward to a workers government. Many PFI contracts came with strings attached, facilities maintenance often subcontracted on a long-term basis as part of the deal. 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. . A spokesperson for People vs Barts Health PFI campaign group informs me that nationalisation of the Special Purpose Vehicle would be necessary or perhaps even outright termination of the contracts. She is a graduate of Auckland University where she completed a Property Degree and Diploma of Business (Finance). The board currently has five directors, four of whom are independent directors and one non-executive director. das Americas, 3.434 - Gr. Angela is an experienced director and executive in property investment and commercial developments. The N&N owes Octagon just under 200m which it is currently paying off at a rate of around 3m a year. Salaries posted anonymously by Octagon employees. Guess who two of the Company Directors are = Tony and Cherie Blair ! PFI is an NZX listed property vehicle focused on the industrial sector. 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. Ewan has a valuation background and is a graduate of both Lincoln and Cambridge University. Full-Time. The initial cost of 229m is paid for through Octagon. Various executives from big banks appeared on secondment. 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. PFIs are complex, financial instruments and the answers to how they might be brought to heel or cancelled need to be carefully thought out. Lead the charge on the significant opportunities around PFI handbacks. Maybe the press and reporters should start taking more responsibility for the mess ffs. Listing for: ALDWYCH CONSULTING LTD. Full Time position. Edward Leigh, chairman of the committee, describes the deal as the 'unacceptable face of capitalism'. 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. Auckland, 1010. Madeline Serpico US Chief Executive Officer-Multinational Clients. What you will be doing. Full Fact fights for good, reliable information in the media, online, and in politics. Director - PFI Advisory. contact the editor here. 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. Professor Pollock tells me that contracts have to be made transparent in order to be scrutinised. He was until recently a member of Buddle Findlay's board for seven years. Anthony is a professional director and consultant, consulting to both the private and public sector on a wide variety of property matters. 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. 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. As the voice of U.S. pet food makers for more than 60 years, we provide factual information about pet food and treat safety, nutrition, and health to pet . 1. The project was the first large PFI hospital scheme in the NHS. As reported in Saturday's EDP, it has had to put expansion plans to its A&E on hold because of a lack of cash. 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. Many of the comments were political with vehemently anti-Labour and anti-Blair messages. 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. Coverage By Practice Area West Midlands Back to United Kingdom - Solicitors. It has investments in 57 projects, worth 17.3 billion, according to its website. 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 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. 1998: Labour government announces a new hospital for Norwich. Bhd, a wholly-owned subsidiary of Ministry of Finance (MoF) which is formed in line with the 9MP. The Octagon Center for the Arts is a non-profit community art center in the heart of downtown Ames, Iowa. One is making cuts of 22m, could run out of cash by November and will be 32m in the red this year. Octagon reported a profit of 22,000 in 2010, which has risen every year since, soaring to a record 5m in 2015/16. Sav joined the PFI team as Property Manager in early 2022. 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 Mr Gibson added the multi-million pound dividends to Octagon's three shareholders were not a surprise. Vercity also employs talented senior finance experts, comprising finance directors, operations managers, management accountants and financial controllers. 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. PFI Pellet Wire; Industry Data; Research Partners; Additional Resources; Career Center; Events. Sir Howard Davies, chairman of the Royal Bank of Scotland (RBS), recently made an astonishing admission on BBC1s Question Time when he stated that private finance initiatives (PFI) had been a fraud on the people. During that time, he took Freightways through several ownership changes and by the end of his time as Managing Director, the company had achieved significant growth resulting in a market capitalisation of $1.2 billion. If you have a complaint about the editorial content which relates to Screens provide live information about how many cases are being handled and the current status of the A&E department. In fact, this PFI consists of two schemes. The NHS is on its knees. Jodie previously held roles in valuation, commercial and shopping centre management. For a golden period, Gordon Browns apparent vanquishment of boom and bust kept any problems in check. 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. Whats more, PFI payments have been indexed higher with each successive year regardless of a hospitals revenue. It means a private sector consortium, Octagon, builds and maintains the hospital and then leases it back to the NHS at the cost of tens of millions of pounds a year to the taxpayer. 2016: Octagon's reports record profit and pays almost 7m to shareholders through dividends. If you are dissatisfied with the response provided you can Ewan is responsible for leading the team that manages PFI's property portfolio. Associate Director of Estates new Lewisham and Greenwich NHS Trust 3.7 London SE13 Photo: Jonathan Brady/PA Wire, The Norfolk and Norwich University Hospital. If we're gonna do that though, there's a risk of . This was true as of the year 2017-2018, with payment charge for that year recorded as 59 million. Since graduating Auckland University in 2013, Luke has held a variety of roles in, commercial, industrial, retail and residential property management. 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. https://infogr.am/f39470fc-27ed-4451-954a-457e1be6b4f0, The N&N under construction in July 2001 (l). This was true as of the year 2017-2018, with payment charge for that year recorded as 59 million. It was a persuasive argument which seduced many. The News Line is our daily paper. 'The whole PFI programme was massively ill-judged,' he said. In January 2019, Craig was appointed asChief Finance and Operating Officer. To make matters worse for the hospital, the busier it gets, the more it has to pay Octagon and demand on it has soared. Thanks to Bytemark for donating our web hosting. The Norfolk and Norwich University Hospital was also highly commended in the Commission for Architecture and the Built Environment Prime Minister's Better Public Building Award in 2002. The new Neom city in Saudi Arabia has announced a floating industrial district that will house a hyperscale data center. All 100%. All directors are appointed by shareholders at PFIs annual meeting. Project team: Anshen & Allen (Architect) John Laing plc (Main contractor) WSP Group (Structural Engineer) Hoare Lea (Services Engineer) Serco (Maintenance/support services) The hospital was completed in August 2001, five months ahead of schedule, and on budget. But why does it then wrongly name the Blairs as company directors? He is a graduate of Canterbury University where he completed his Bachelor of Commerce majoring in Accounting and Marketing. David was raised in Christchurch, where he completed commerce and law degrees at the University of Canterbury. As early as 1999, Richard Smith, editor of the British Medical Journal, denounced it as PFI: Perfidious Financial Idiocy in an editorial revealing that repayments would be exorbitant. 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 not some exceptional example of the unacceptable face of capitalism. Pamela joined PFI as Finance Manager in 2020. 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. 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