Private hospitals to be sold off

The Competition Commission has ordered the sale of two London hospitals in an attempt to counter market dominance in Britain's £5bn private healthcare industry.

The London Bridge and the Princess Grace in the West End of London will be sold off as part of plans to reduce the dominance of the three biggest private hospital groups - Spire, BMI and HCA. HCA owns the London hospitals and its boss Mike Neeb branded the plans "completely wrong".

He said the company had invested millions transforming its London Bridge site into a world-leading healthcare provider, adding, "Now the Competition Commission is punishing this success."