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1078557

	registered interest
	date	27/02/2019
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Health and Social Care, what estimate his department has made of the total amount in interim financial support loans given to NHS Trusts and Foundation Trusts and the associated interest rates in (a) London and (b) England in each year since 2015.
	tabling member constituency	Dulwich and West Norwood
	tabling member printed	Helen Hayes
	uin	226714
	answer	answer is ministerial correction date of answer 04/03/2019 answer text <p>The Department publishes data annually on interim support loans, including new loans issued, repaid and outstanding balances.</p><p> </p><p>This report accompanies the Department’s annual report and the 2017-18 version can be found using the following link (in section 4):</p><p> </p><p><a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/725278/2017-18_Section_40_Report_Final.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/725278/2017-18_Section_40_Report_Final.pdf</a></p><p> </p><p>The report does not include information on the interest rates charged on the interim loans issued. This can be found in attachment A for London and for England.</p><p> </p><p>The report does not include information on interest paid on interim loans by each National Health Service trust and foundation trust. This can be found in attachment B for London and England.</p><p> </p> answering member constituency Wimbledon answering member printed Stephen Hammond attachment 1 file name 20190228 - PQ226714 & PQ226715 linked - Attachment B.docx title PQ226714 & PQ226715 linked - Attachment B 2 file name 20190228 - PQ226714 & PQ226715 linked - Attachment A.docx title PQ226714 & PQ226715 linked - Attachment A grouped question UIN 226715 question first answered 04/03/2019 17:47:11 answering member 1585 label Biography information for Stephen Hammond
	tabling member	4510 label Biography information for Helen Hayes

1078558

	registered interest
	date	27/02/2019
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Health and Social Care, what estimate his Department has made of the (a) repayments and (b) interest paid on interim financial support loans by each NHS Trust and Foundation Trust in (i) London and (ii) England in each year since 2015.
	tabling member constituency	Dulwich and West Norwood
	tabling member printed	Helen Hayes
	uin	226715
	answer	answer is ministerial correction date of answer 04/03/2019 answer text <p>The Department publishes data annually on interim support loans, including new loans issued, repaid and outstanding balances.</p><p> </p><p>This report accompanies the Department’s annual report and the 2017-18 version can be found using the following link (in section 4):</p><p> </p><p><a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/725278/2017-18_Section_40_Report_Final.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/725278/2017-18_Section_40_Report_Final.pdf</a></p><p> </p><p>The report does not include information on the interest rates charged on the interim loans issued. This can be found in attachment A for London and for England.</p><p> </p><p>The report does not include information on interest paid on interim loans by each National Health Service trust and foundation trust. This can be found in attachment B for London and England.</p><p> </p> answering member constituency Wimbledon answering member printed Stephen Hammond attachment 1 file name 20190228 - PQ226714 & PQ226715 linked - Attachment B.docx title PQ226714 & PQ226715 linked - Attachment B 2 file name 20190228 - PQ226714 & PQ226715 linked - Attachment A.docx title PQ226714 & PQ226715 linked - Attachment A grouped question UIN 226714 question first answered 04/03/2019 17:47:11 answering member 1585 label Biography information for Stephen Hammond
	tabling member	4510 label Biography information for Helen Hayes

1027649

	registered interest
	date	18/12/2018
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Health and Social Care, pursuant to the Answer of 4 December 2018 to Question 197464 on NHS: Loans, what estimate his Department has made of the levels of (a) repayment and (b) associated interest payments for his Department's loans to each individual NHS Trust and Foundation Trust in Greater London in each financial year since 2010-2011.
	tabling member constituency	Dulwich and West Norwood
	tabling member printed	Helen Hayes
	uin	203372
	answer	answer is ministerial correction date of answer 07/01/2019 answer text <p>The amount of principal loan repayments and interest paid in Greater London by each individual National Health Service trust and foundation trust in each year since 2010/11 are set out in the attached tables.</p><p> </p><p>All loan principal repayments from revolving loan facilities have been excluded here because repayments may have been funded by prior draws made against the facility.</p><p> </p><p>The Department publishes data annually on all financial assistance, including new loans issued, repaid and outstanding balances. This report accompanies the Department’s Annual Report and the 2017-18 version can be found at the following link:</p><p> </p><p><a href="https://www.gov.uk/government/publications/dhsc-annual-report-and-accounts-2017-to-2018" target="_blank">https://www.gov.uk/government/publications/dhsc-annual-report-and-accounts-2017-to-2018</a></p> answering member constituency Wimbledon answering member printed Stephen Hammond question first answered 07/01/2019 15:09:11 answering member 1585 label Biography information for Stephen Hammond attachment 1 file name PQ203372 - Tables.docx title PQ203372 attached table
	tabling member	4510 label Biography information for Helen Hayes

1017221

	registered interest
	date	29/11/2018
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Health and Social Care, pursuant to the Answer of 27 November 2018 to Question 194780 on NHS: Loans, what estimate his Department has made of the (a) repayment and (b) associated interest payments for Department of Health loans to each individual NHS Trust and Foundation Trust in Greater London in each year since 2015.
	tabling member constituency	Dulwich and West Norwood
	tabling member printed	Helen Hayes
	uin	197464
	answer	answer is ministerial correction date of answer 04/12/2018 answer text <p>All loan principal repayments from revolving loan facilities have been excluded here because repayments may have been funded by prior draws made against the facility.</p><p> </p><p>The amount of loan repayments and interest paid in Greater London to each individual National Health Service trust and foundation trust in each year since 2015-16 are set out in the three following tables:</p><p> </p><table><tbody><tr><td colspan="2"><p>2017-18</p></td></tr><tr><td><p>Trust</p></td><td><p>Principal</p></td><td><p>Interest</p></td></tr><tr><td><p>Barking, Havering and Redbridge University Hospitals NHS Trust</p></td><td><p>£975,754</p></td><td><p>£1,068,538</p></td></tr><tr><td><p>Barnet, Enfield and Haringey Mental Health NHS Trust</p></td><td><p>£498,000</p></td><td><p>£636,370</p></td></tr><tr><td><p>Barts Health NHS Trust</p></td><td><p>£3,869,000</p></td><td><p>£9,825,747</p></td></tr><tr><td><p>Central and North West London NHS Foundation Trust</p></td><td><p>£718,516</p></td><td><p>£73,908</p></td></tr><tr><td><p>Chelsea and Westminster Hospital NHS Foundation Trust</p></td><td><p>£3,530,835</p></td><td><p>£1,028,474</p></td></tr><tr><td><p>Croydon Health Services NHS Trust</p></td><td><p>£2,831,835</p></td><td><p>£1,716,611</p></td></tr><tr><td><p>Epsom and St Helier University Hospitals NHS Trust</p></td><td><p>£11,283,000</p></td><td><p>£862,414</p></td></tr><tr><td><p>Guy's and St Thomas' NHS Foundation Trust</p></td><td><p>£10,485,400</p></td><td><p>£5,686,462</p></td></tr><tr><td><p>Homerton University Hospital NHS Foundation Trust</p></td><td><p>£291,757</p></td><td><p>£202,875</p></td></tr><tr><td><p>Imperial College Healthcare NHS Trust</p></td><td><p>£1,226,000</p></td><td><p>£1,218,175</p></td></tr><tr><td><p>King's College Hospital NHS Foundation Trust</p></td><td><p>£4,807,600</p></td><td><p>£8,792,641</p></td></tr><tr><td><p>Kingston Hospital NHS Foundation Trust</p></td><td><p>£2,619,000</p></td><td><p>£280,303</p></td></tr><tr><td><p>Lewisham and Greenwich NHS Trust</p></td><td><p>£6,787,151</p></td><td><p>£2,339,889</p></td></tr><tr><td><p>London North West Healthcare NHS Trust</p></td><td><p>£11,106,679</p></td><td><p>£2,663,016</p></td></tr><tr><td><p>Moorfields Eye Hospital NHS Foundation Trust</p></td><td><p>£1,823,200</p></td><td><p>£1,185,145</p></td></tr><tr><td><p>North Middlesex University Hospital NHS Trust</p></td><td><p>£1,350,000</p></td><td><p>£1,104,331</p></td></tr><tr><td><p>Royal Brompton and Harefield NHS Foundation Trust</p></td><td><p>£3,880,000</p></td><td><p>£1,113,449</p></td></tr><tr><td><p>Royal Free London NHS Foundation Trust</p></td><td><p>£1,578,000</p></td><td><p>£2,682,948</p></td></tr><tr><td><p>Royal National Orthopaedic Hospital NHS Trust</p></td><td><p>£1,164,000</p></td><td><p>£719,079</p></td></tr><tr><td><p>St George's University Hospitals NHS Foundation Trust</p></td><td><p>£3,220,865</p></td><td><p>£4,672,554</p></td></tr><tr><td><p>The Hillingdon Hospitals NHS Foundation Trust</p></td><td><p>£2,450,000</p></td><td><p>£696,419</p></td></tr><tr><td><p>University College London Hospitals NHS Foundation Trust</p></td><td><p>£26,460,213</p></td><td><p>£1,709,223</p></td></tr><tr><td><p>West London NHS Trust</p></td><td><p>£3,576,326</p></td><td><p>£2,588,371</p></td></tr><tr><td><p>Whittington Health NHS Trust</p></td><td><p>£164,000</p></td><td><p>£475,727</p></td></tr></tbody></table><p> </p><p> </p><p> </p><table><tbody><tr><td colspan="5"><p>2016-17</p></td></tr><tr><td><p>Trust</p></td><td colspan="3"><p>Principal</p></td><td colspan="2"><p>Interest</p></td></tr><tr><td><p>Barking, Havering and Redbridge University Hospitals NHS Trust</p></td><td colspan="3"><p>£601,900</p></td><td colspan="2"><p>£1,426,522</p></td></tr><tr><td><p>Barnet, Enfield and Haringey Mental Health NHS Trust</p></td><td colspan="3"><p>£498,000</p></td><td colspan="2"><p>£363,000</p></td></tr><tr><td><p>Barts Health NHS Trust</p></td><td colspan="3"><p>£2,805,500</p></td><td colspan="2"><p>£6,125,515</p></td></tr><tr><td><p>Central and North West London NHS Foundation Trust</p></td><td colspan="3"><p>£718,516</p></td><td colspan="2"><p>£82,523</p></td></tr><tr><td><p>Chelsea and Westminster Hospital NHS Foundation Trust</p></td><td colspan="3"><p>£3,343,318</p></td><td colspan="2"><p>£957,732</p></td></tr><tr><td><p>Croydon Health Services NHS Trust</p></td><td colspan="3"><p>£0</p></td><td colspan="2"><p>£1,128,417</p></td></tr><tr><td><p>Epsom and St Helier University Hospitals NHS Trust</p></td><td colspan="3"><p>£8,212,000</p></td><td colspan="2"><p>£1,043,362</p></td></tr><tr><td><p>Guy's and St Thomas' NHS Foundation Trust</p></td><td colspan="3"><p>£10,018,000</p></td><td colspan="2"><p>£5,475,242</p></td></tr><tr><td><p>Homerton University Hospital NHS Foundation Trust</p></td><td colspan="3"><p>£1,368,403</p></td><td colspan="2"><p>£274,594</p></td></tr><tr><td><p>Imperial College Healthcare NHS Trust</p></td><td colspan="3"><p>£1,226,000</p></td><td colspan="2"><p>£1,190,438</p></td></tr><tr><td><p>King's College Hospital NHS Foundation Trust</p></td><td colspan="3"><p>£3,867,600</p></td><td colspan="2"><p>£5,012,054</p></td></tr><tr><td><p>Kingston Hospital NHS Foundation Trust</p></td><td colspan="3"><p>£540,000</p></td><td colspan="2"><p>£225,188</p></td></tr><tr><td><p>Lewisham and Greenwich NHS Trust</p></td><td colspan="3"><p>£787,151</p></td><td colspan="2"><p>£1,479,364</p></td></tr><tr><td><p>London North West Healthcare NHS Trust</p></td><td colspan="3"><p>£136,000</p></td><td colspan="2"><p>£2,473,867</p></td></tr><tr><td><p>Moorfields Eye Hospital NHS Foundation Trust</p></td><td colspan="3"><p>£1,823,200</p></td><td colspan="2"><p>£1,250,281</p></td></tr><tr><td><p>North Middlesex University Hospital NHS Trust</p></td><td colspan="3"><p>£2,110,000</p></td><td colspan="2"><p>£580,412</p></td></tr><tr><td><p>Royal Brompton and Harefield NHS Foundation Trust</p></td><td colspan="3"><p>£0</p></td><td colspan="2"><p>£747,062</p></td></tr><tr><td><p>Royal Free London NHS Foundation Trust</p></td><td colspan="3"><p>£1,578,000</p></td><td colspan="2"><p>£1,224,459</p></td></tr><tr><td><p>Royal National Orthopaedic Hospital NHS Trust</p></td><td colspan="3"><p>£1,164,000</p></td><td colspan="2"><p>£312,799</p></td></tr><tr><td><p>St George's University Hospitals NHS Foundation Trust</p></td><td colspan="3"><p>£1,600,865</p></td><td colspan="2"><p>£2,083,258</p></td></tr><tr><td><p>The Hillingdon Hospitals NHS Foundation Trust</p></td><td colspan="3"><p>£1,390,000</p></td><td colspan="2"><p>£422,219</p></td></tr><tr><td><p>University College London Hospitals NHS Foundation Trust</p></td><td colspan="3"><p>£1,507,084</p></td><td colspan="2"><p>£1,946,295</p></td></tr><tr><td><p>West London NHS Trust</p></td><td colspan="3"><p>£910,726</p></td><td colspan="2"><p>£2,491,824</p></td></tr><tr><td><p>Whittington Health NHS Trust</p></td><td colspan="3"><p>£0</p></td><td colspan="2"><p>£151,162</p></td></tr><tr><td colspan="3"><p>2015-16</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Trust</p></td><td><p>Principal</p></td><td colspan="2"><p>Interest</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Barking, Havering and Redbridge University Hospitals NHS Trust</p></td><td><p>£2,101,900</p></td><td colspan="2"><p>£859,415</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Barnet, Enfield and Haringey Mental Health NHS Trust</p></td><td><p>£498,000</p></td><td colspan="2"><p>£383,000</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Barts Health NHS Trust</p></td><td><p>£5,048,000</p></td><td colspan="2"><p>£1,630,789</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Central and North West London NHS Foundation Trust</p></td><td><p>£0</p></td><td colspan="2"><p>£19,834</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Chelsea and Westminster Hospital NHS Foundation Trust</p></td><td><p>£44,440,400</p></td><td colspan="2"><p>£911,533</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Croydon Health Services NHS Trust</p></td><td><p>£0</p></td><td colspan="2"><p>£373,082</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Epsom and St Helier University Hospitals NHS Trust</p></td><td><p>£0</p></td><td colspan="2"><p>£244,425</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Guy's and St Thomas' NHS Foundation Trust</p></td><td><p>£6,519,000</p></td><td colspan="2"><p>£4,703,326</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Homerton University Hospital NHS Foundation Trust</p></td><td><p>£270,643</p></td><td colspan="2"><p>£265,245</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Imperial College Healthcare NHS Trust</p></td><td><p>£1,226,000</p></td><td colspan="2"><p>£763,000</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>King's College Hospital NHS Foundation Trust</p></td><td><p>£3,867,600</p></td><td colspan="2"><p>£3,478,063</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Kingston Hospital NHS Foundation Trust</p></td><td><p>£0</p></td><td colspan="2"><p>£166,826</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Lewisham and Greenwich NHS Trust</p></td><td><p>£6,611,151</p></td><td colspan="2"><p>£804,542</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>London North West Healthcare NHS Trust</p></td><td><p>£136,000</p></td><td colspan="2"><p>£837,692</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Moorfields Eye Hospital NHS Foundation Trust</p></td><td><p>£1,823,200</p></td><td colspan="2"><p>£1,286,419</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>North Middlesex University Hospital NHS Trust</p></td><td><p>£2,110,000</p></td><td colspan="2"><p>£332,495</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Royal Brompton and Harefield NHS Foundation Trust</p></td><td><p>£0</p></td><td colspan="2"><p>£300,518</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Royal Free London NHS Foundation Trust</p></td><td><p>£1,578,000</p></td><td colspan="2"><p>£878,788</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Royal National Orthopaedic Hospital NHS Trust</p></td><td><p>£1,923,000</p></td><td colspan="2"><p>£239,150</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>St George's University Hospitals NHS Foundation Trust</p></td><td><p>£296,065</p></td><td colspan="2"><p>£692,400</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>The Hillingdon Hospitals NHS Foundation Trust</p></td><td><p>£1,390,000</p></td><td colspan="2"><p>£410,091</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>University College London Hospitals NHS Foundation Trust</p></td><td><p>£28,101,285</p></td><td colspan="2"><p>£2,607,980</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>West London NHS Trust</p></td><td><p>£225,481</p></td><td colspan="2"><p>£1,210,074</p></td><td><p> </p></td></tr><tr><td colspan="2"><p>Whittington Health NHS Trust</p></td><td><p>£0</p></td><td colspan="2"><p>£373,253</p></td><td><p> </p></td></tr></tbody></table><p> </p><p>The Department publishes data annually on all financial assistance, including new loans issued, repaid and outstanding balances. This report accompanies the Department’s annual report and the 2017-18 version can be found at the following link:</p><p> </p><p><a href="https://www.gov.uk/government/publications/dhsc-annual-report-and-accounts-2017-to-2018" target="_blank">https://www.gov.uk/government/publications/dhsc-annual-report-and-accounts-2017-to-2018</a></p> answering member constituency Wimbledon answering member printed Stephen Hammond question first answered 04/12/2018 14:36:45 answering member 1585 label Biography information for Stephen Hammond
	tabling member	4510 label Biography information for Helen Hayes

1012468

	registered interest
	date	22/11/2018
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Health and Social Care, what steps he is taking to support NHS (a) Trusts and (b) Foundation Trusts with outstanding loans from his Department.
	tabling member constituency	Dulwich and West Norwood
	tabling member printed	Helen Hayes
	uin	194777
	answer	answer is ministerial correction date of answer 27/11/2018 answer text <p>The Department provides loans to National Health Service trusts and foundation trusts for both capital investment and to support revenue expenditure.</p><p> </p><p>Interim revenue loans are provided to NHS providers to help protect the continuity of patient services and to ensure those organisations in financial deficit or distress have time and space to develop plans for return to a sustainable financial path.</p><p> </p><p>Interest rates on loans vary based on the purpose of the loan and provider’s circumstances. The same interest rates are applied to NHS trusts and foundation trusts irrespective of region.</p><p> </p><p>National Loan Fund rates are applied to normal course of business loans which includes capital investment. For those that are in receipt of interim financial support, the interest rates charged on loans are either 1.5%, 3.5% or 6%. The 6% rate is reserved for those trusts in Financial Special Measures (FSM). However, those that deliver three months of NHS Improvement benchmarked performance while in FSM are reduced to 3.5% on further loans. Interest earned on loans by the Department is not lost to the NHS - it is channelled back into the NHS through the annual funding allocation made through the NHS England Mandate.</p><p> </p><p>The total amount of loan repayments and interest paid in London and England in each year since 2015-16 are set out below:</p><p> </p><table><tbody><tr><td colspan="3"><p>London</p></td></tr><tr><td><p> </p></td><td><p>Loan repayments</p></td><td><p>interest paid</p></td></tr><tr><td><p>2017-18</p></td><td><p>£66,731,745</p></td><td><p>£25,218,269</p></td></tr><tr><td><p>2016-17</p></td><td><p>£190,921,276</p></td><td><p>£19,100,003</p></td></tr><tr><td><p>2015-16</p></td><td><p>£275,996,532</p></td><td><p>£8,497,917</p></td></tr></tbody></table><table><tbody><tr><td colspan="3"><p>England</p></td></tr><tr><td><p> </p></td><td><p>Loan repayments</p></td><td><p>interest paid</p></td></tr><tr><td><p>2017-18</p></td><td><p>£204,785,254</p></td><td><p>£90,458,829</p></td></tr><tr><td><p>2016-17</p></td><td><p>£641,465,713</p></td><td><p>£63,883,250</p></td></tr><tr><td><p>2015-16</p></td><td><p>£816,627,333</p></td><td><p>£32,722,964</p></td></tr></tbody></table><p> </p><p> </p><p> </p> answering member constituency Wimbledon answering member printed Stephen Hammond grouped question UIN 194778 194779 194780 question first answered 27/11/2018 17:15:08 answering member 1585 label Biography information for Stephen Hammond
	tabling member	4510 label Biography information for Helen Hayes

1012469

	registered interest
	date	22/11/2018
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Health and Social Care, what estimate his Department has made of the average interest rate applied to Department of Health loans to NHS (a) Trusts and (b) Foundation Trusts in (i) London and (ii) England.
	tabling member constituency	Dulwich and West Norwood
	tabling member printed	Helen Hayes
	uin	194778
	answer	answer is ministerial correction date of answer 27/11/2018 answer text <p>The Department provides loans to National Health Service trusts and foundation trusts for both capital investment and to support revenue expenditure.</p><p> </p><p>Interim revenue loans are provided to NHS providers to help protect the continuity of patient services and to ensure those organisations in financial deficit or distress have time and space to develop plans for return to a sustainable financial path.</p><p> </p><p>Interest rates on loans vary based on the purpose of the loan and provider’s circumstances. The same interest rates are applied to NHS trusts and foundation trusts irrespective of region.</p><p> </p><p>National Loan Fund rates are applied to normal course of business loans which includes capital investment. For those that are in receipt of interim financial support, the interest rates charged on loans are either 1.5%, 3.5% or 6%. The 6% rate is reserved for those trusts in Financial Special Measures (FSM). However, those that deliver three months of NHS Improvement benchmarked performance while in FSM are reduced to 3.5% on further loans. Interest earned on loans by the Department is not lost to the NHS - it is channelled back into the NHS through the annual funding allocation made through the NHS England Mandate.</p><p> </p><p>The total amount of loan repayments and interest paid in London and England in each year since 2015-16 are set out below:</p><p> </p><table><tbody><tr><td colspan="3"><p>London</p></td></tr><tr><td><p> </p></td><td><p>Loan repayments</p></td><td><p>interest paid</p></td></tr><tr><td><p>2017-18</p></td><td><p>£66,731,745</p></td><td><p>£25,218,269</p></td></tr><tr><td><p>2016-17</p></td><td><p>£190,921,276</p></td><td><p>£19,100,003</p></td></tr><tr><td><p>2015-16</p></td><td><p>£275,996,532</p></td><td><p>£8,497,917</p></td></tr></tbody></table><table><tbody><tr><td colspan="3"><p>England</p></td></tr><tr><td><p> </p></td><td><p>Loan repayments</p></td><td><p>interest paid</p></td></tr><tr><td><p>2017-18</p></td><td><p>£204,785,254</p></td><td><p>£90,458,829</p></td></tr><tr><td><p>2016-17</p></td><td><p>£641,465,713</p></td><td><p>£63,883,250</p></td></tr><tr><td><p>2015-16</p></td><td><p>£816,627,333</p></td><td><p>£32,722,964</p></td></tr></tbody></table><p> </p><p> </p><p> </p> answering member constituency Wimbledon answering member printed Stephen Hammond grouped question UIN 194777 194779 194780 question first answered 27/11/2018 17:15:08 answering member 1585 label Biography information for Stephen Hammond
	tabling member	4510 label Biography information for Helen Hayes

1012470

	registered interest
	date	22/11/2018
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Health and Social Care, what interest rates are applied to loans given by the Department of Health to NHS (a) Trusts and (b) Foundation Trusts in Greater London.
	tabling member constituency	Dulwich and West Norwood
	tabling member printed	Helen Hayes
	uin	194779
	answer	answer is ministerial correction date of answer 27/11/2018 answer text <p>The Department provides loans to National Health Service trusts and foundation trusts for both capital investment and to support revenue expenditure.</p><p> </p><p>Interim revenue loans are provided to NHS providers to help protect the continuity of patient services and to ensure those organisations in financial deficit or distress have time and space to develop plans for return to a sustainable financial path.</p><p> </p><p>Interest rates on loans vary based on the purpose of the loan and provider’s circumstances. The same interest rates are applied to NHS trusts and foundation trusts irrespective of region.</p><p> </p><p>National Loan Fund rates are applied to normal course of business loans which includes capital investment. For those that are in receipt of interim financial support, the interest rates charged on loans are either 1.5%, 3.5% or 6%. The 6% rate is reserved for those trusts in Financial Special Measures (FSM). However, those that deliver three months of NHS Improvement benchmarked performance while in FSM are reduced to 3.5% on further loans. Interest earned on loans by the Department is not lost to the NHS - it is channelled back into the NHS through the annual funding allocation made through the NHS England Mandate.</p><p> </p><p>The total amount of loan repayments and interest paid in London and England in each year since 2015-16 are set out below:</p><p> </p><table><tbody><tr><td colspan="3"><p>London</p></td></tr><tr><td><p> </p></td><td><p>Loan repayments</p></td><td><p>interest paid</p></td></tr><tr><td><p>2017-18</p></td><td><p>£66,731,745</p></td><td><p>£25,218,269</p></td></tr><tr><td><p>2016-17</p></td><td><p>£190,921,276</p></td><td><p>£19,100,003</p></td></tr><tr><td><p>2015-16</p></td><td><p>£275,996,532</p></td><td><p>£8,497,917</p></td></tr></tbody></table><table><tbody><tr><td colspan="3"><p>England</p></td></tr><tr><td><p> </p></td><td><p>Loan repayments</p></td><td><p>interest paid</p></td></tr><tr><td><p>2017-18</p></td><td><p>£204,785,254</p></td><td><p>£90,458,829</p></td></tr><tr><td><p>2016-17</p></td><td><p>£641,465,713</p></td><td><p>£63,883,250</p></td></tr><tr><td><p>2015-16</p></td><td><p>£816,627,333</p></td><td><p>£32,722,964</p></td></tr></tbody></table><p> </p><p> </p><p> </p> answering member constituency Wimbledon answering member printed Stephen Hammond grouped question UIN 194777 194778 194780 question first answered 27/11/2018 17:15:08 answering member 1585 label Biography information for Stephen Hammond
	tabling member	4510 label Biography information for Helen Hayes

1012472

	registered interest
	date	22/11/2018
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Health and Social Care, what estimate his Department has made of the average (a) repayment and (b) associated interest payments for Department of Health loans to NHS Trusts in (i) London, and (ii) England in each year since 2015.
	tabling member constituency	Dulwich and West Norwood
	tabling member printed	Helen Hayes
	uin	194780
	answer	answer is ministerial correction date of answer 27/11/2018 answer text <p>The Department provides loans to National Health Service trusts and foundation trusts for both capital investment and to support revenue expenditure.</p><p> </p><p>Interim revenue loans are provided to NHS providers to help protect the continuity of patient services and to ensure those organisations in financial deficit or distress have time and space to develop plans for return to a sustainable financial path.</p><p> </p><p>Interest rates on loans vary based on the purpose of the loan and provider’s circumstances. The same interest rates are applied to NHS trusts and foundation trusts irrespective of region.</p><p> </p><p>National Loan Fund rates are applied to normal course of business loans which includes capital investment. For those that are in receipt of interim financial support, the interest rates charged on loans are either 1.5%, 3.5% or 6%. The 6% rate is reserved for those trusts in Financial Special Measures (FSM). However, those that deliver three months of NHS Improvement benchmarked performance while in FSM are reduced to 3.5% on further loans. Interest earned on loans by the Department is not lost to the NHS - it is channelled back into the NHS through the annual funding allocation made through the NHS England Mandate.</p><p> </p><p>The total amount of loan repayments and interest paid in London and England in each year since 2015-16 are set out below:</p><p> </p><table><tbody><tr><td colspan="3"><p>London</p></td></tr><tr><td><p> </p></td><td><p>Loan repayments</p></td><td><p>interest paid</p></td></tr><tr><td><p>2017-18</p></td><td><p>£66,731,745</p></td><td><p>£25,218,269</p></td></tr><tr><td><p>2016-17</p></td><td><p>£190,921,276</p></td><td><p>£19,100,003</p></td></tr><tr><td><p>2015-16</p></td><td><p>£275,996,532</p></td><td><p>£8,497,917</p></td></tr></tbody></table><table><tbody><tr><td colspan="3"><p>England</p></td></tr><tr><td><p> </p></td><td><p>Loan repayments</p></td><td><p>interest paid</p></td></tr><tr><td><p>2017-18</p></td><td><p>£204,785,254</p></td><td><p>£90,458,829</p></td></tr><tr><td><p>2016-17</p></td><td><p>£641,465,713</p></td><td><p>£63,883,250</p></td></tr><tr><td><p>2015-16</p></td><td><p>£816,627,333</p></td><td><p>£32,722,964</p></td></tr></tbody></table><p> </p><p> </p><p> </p> answering member constituency Wimbledon answering member printed Stephen Hammond grouped question UIN 194777 194778 194779 question first answered 27/11/2018 17:15:08 answering member 1585 label Biography information for Stephen Hammond
	tabling member	4510 label Biography information for Helen Hayes