More than 60 hospitals, including one in London, can not afford or are having difficulty with the rising cost of private finance initiative schemes and are being left "on the brink of financial collapse", according to the Health Secretary.
Andrew Lansley said he has been contacted by 22 NHS trusts which claim their "clinical and financial stability" is at risk because of the spiralling cost of PFI contracts.
Under the schemes, which were expanded by the previous Labour government, private capital is used to fund public infrastructure projects such as schools and hospitals.
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