UK Investment Guides Loader

Government providing funds for public ownership of parking

written by Bella Palmer
glasgow-royal-infirmary

The Scottish Government has now provided £26.3 million to allow NHS Greater Glasgow and Clyde to complete the buyout of the PFI car park contract at Glasgow Royal Infirmary

The Scottish Government is providing the funds that will allow local health board chiefs to take over the running of the car parks that had previously operated under the Private Finance Initiative (PFI).

Negotiations are also at an advanced stage to allow the last remaining PFI hospital car park in Scotland, at the Royal Infirmary of Edinburgh, to be taken into public ownership.

The move comes after parking charges at the three PFI sites were suspended at the start of the pandemic in 2020.

And in the run-up to the Holyrood elections in May, the SNP had pledged to end hospital parking charges permanently at PFI sites in Scotland during its first 100 days in office.

The Scottish Government has now provided £26.3 million to allow NHS Greater Glasgow and Clyde to complete the buyout of the PFI car park contract at Glasgow Royal Infirmary.

A similar arrangement has been reached for NHS Tayside to buyout the PFI car park contract at Ninewells in Dundee for £9 million.

Health Secretary Humza Yousaf said: I am delighted to announce that these facilities will come into public hands and help phase out the legacy of PFI in hospital car parks in Scotland.

We all owe a huge debt of gratitude to our NHS workforce for their heroic efforts throughout the pandemic and this will ensure that, along with patients and visitors using our hospitals, they will not face the prospect of parking charges returning, he said.

He said: There are no car parking changes in place at any hospitals after this Scottish Government secured an arrangement to suspend these at the three PFI sites at the start of the pandemic. Charges at other NHS car parks had already been abolished by this Government.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

You can tell friends this post!