MP blasts Peterborough Hospital decision

Peterborough Hospital is costing £1m a week to keep afloat Credit: PA

A decision to build a new hospital in Peterborough has been branded 'catastrophic' by a local MP.

Peterborough MP Stewart Jackson, said the PFI hospital, officially opened by the Duke and Duchess of Cambridge, was costing taxpayers £1m a week to keep afloat.

A report by the House of Commons Public Accounts committee said decisions to build the hospital and award a franchise to a private company to run the nearby Hinchingbrooke hospital 'lacked strategic oversight.'