Crisis in the NHS, as two hospitals in the East are told their finances are unsustainable. Peterborough Hospital is paying a million pounds a week under its PFI agreement, while the private company running Hinchingbrooke Hospital in Huntingdon has failed to make the savings it had hoped.
The MP for Peterborough, Stewart Jackson was a member of the Public Accounts committee set up to look into NHS finances. Matthew Hudson has sent this report.
Peterborough and Stamford Hospital Trust is one of seven around the country where the government will send in a specialist team to help with repayments on private finance initiatives.
Last year the government revealed a number of hospitals around the country could no longer cope with the rising repayments.
Health Minister Simon Burns now says he'll send in hit squads to make savings at hospitals where the contracts had gone horribly wrong.