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<p>In the 2017 Spring and Autumn Budgets, the Government committed £3.9 billion in
new capital investment for the National Health Service. £2.4 billion of this has been
allocated to over 150 sustainability and transformation partnership (STP) schemes
to modernise and transform buildings and services across the country. In the Spending
Review later this year, the Government will consider proposals from the NHS for a
multi-year capital plan to support the health service as outlined in the NHS Long
Term Plan.</p><p> </p><p>Separate from the STP capital programme, the Department has
also supported a variety of other investments in new NHS facilities. Under Section
40 of the NHS Act 2006, the Secretary of State may give financial assistance, such
as loans or Public Dividend Capital to any NHS foundation trust.</p><p> </p><p>The
Papworth Hospital and the Alder Hey Children’s Hospital were completed in 2018 and
2015 respectively under the Private Finance Initiative (PFI). The Royal Liverpool
Hospital and Midland Metropolitan Hospital started off as PFI schemes and are now
being completed with public capital.</p>
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