Boris Johnson has claimed that 40 hospitals will be built by 2030 as part of a package worth £3.7 bn, with eight further new schemes invited to bid. The announcement came at this year’s Conservative Party conference. 

The following trusts will share £2.7bn from the Treasury for building projects for completion by 2025: 

The first six projects include extensions to existing hospitals, as well as new buildings on separate sites, and will not require the demolition of facilities to provide land for construction. 

Some quarters were sceptical on the numbers, which when analysed show almost all the money earmarked will go to six NHS trusts, which each have a major hospital in need of rebuilding and have had plans waiting for approval. A further 21 trusts will get a small amount of seed-funding to “kick-start” their plans for the end of the next decade. 

NHS Providers, which represents hospital trusts, said the real cost of building 40 new hospitals would be more like £20bn. 

Industry Insight

  • As with many financial packages, working out and understanding the actual numbers can be quite confusing. The PM made this latest announcement at this year’s party conference in October, where he was determined to provide some good news in the face of the epidemic. It is important to note that the announcement to build 40 new hospitals was also made last year.
  • Take a look at the site for a list of the 40 developments to see if any are in your area.

More Info > website: PM confirms £3.7 billion for 40 hospitals in biggest hospital building programme in a generation 

Find out more about how the NHS is funded in our Finance in the NHS Course. 

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