Nid ydym yn gwybod a yw'r ymateb mwyaf diweddar i'r cais hwn yn cynnwys gwybodaeth neuai peidio - os chi ywJoel Benjamin mewngofnodwch a gadael i bawb wybod.

Impact of LIBOR on Tameside PFI finances?

Joel Benjamin made this Rhyddid Gwybodaeth request to Tameside and Glossop Integrated Care NHS Foundation Trust

This request has been closed to new correspondence from the public body. Contact us if you think it ought be re-opened.

We're waiting for Joel Benjamin to read recent responses and update the status.

Dear Tameside Hospital NHS Foundation Trust,

On 04/08/2006, Tameside Hospital NHS Foundation Trust signed up to a £112.4m Private Finance Initiative (PFI) "Health Investment in Tameside" contract with HSBC and Balfour Beaty.

In July 2012 it emerged Barclays and other UK and global banks had
been complicit in rigging the London Inter-bank Offered Rate since
at least 2005, which sets the rates of borrowing money and is
pegged to swaps and derivatives products referenced within PFI
contracts.

HSBC is one of the 18 LIBOR setting panel banks currently under
investigation by US, UK and EU authorities for rigging the LIBOR
rate.

http://www.telegraph.co.uk/finance/newsb...

Please provide:

1. The original Health Investment in Tameside PFI business case, and contract(s) including full details of swaps (ISDA) and derivatives applied to this PFI deal.

2. Copies of internal or external financial and legal advice Tameside has received in relation to LIBOR, and its actual or potential impacts on Tameside, and specifically PFI contract finances.

Yours faithfully,

Joel Benjamin

FOI, Tameside and Glossop Integrated Care NHS Foundation Trust

1 Atodiad

  • Attachment

    Final FOI Response 2013.445 Impact of LIBOR on Tameside PFI Finances.pdf

    210K Download View as HTML

Dear Mr Benjamin

 

 

Further to your request for information under the Freedom of Information
Act 2000.

 

I am pleased to attach the Trust’s response.

 

 

Yours sincerely

 

 

 

 

 

ANSUYA PATEL
Assistant Information Governance Manager
Quality & Governance Unit

Tameside Hospital NHS Foundation Trust
Silversprings House

Tameside General Hospital
Fountain Street
Ashton-under-Lyne
Lancashire OL6 9RW
0161 922 6936

 

 

 

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************************************************************
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http://www.tamesidehospital.nhs.uk/work-...

Tameside Hospital NHS Foundation Trust
Fountain Street
Ashton-Under-Lyne
OL6 9RW
0161-922-6000

Dear Tameside Hospital NHS Foundation Trust,

Please pass this on to the person who conducts Freedom of Information reviews.

I am writing to request an internal review of Tameside Hospital NHS Foundation Trust's handling of my FOI request 'Impact of LIBOR on Tameside PFI finances?'.

Thank you for confirming the underlying finance for the PFI contract references BOE gilt rates and not LIBOR.

As requested however, please provide the business case and contract including value for money (vfm) calculations and the details of any associated embedded or standalone derivates and swaps deals (which may be benchmarked to LIBOR).

A full history of my FOI request and all correspondence is available on the Internet at this address: https://www.whatdotheyknow.com/request/i...

Yours faithfully,

Joel Benjamin

FOI, Tameside and Glossop Integrated Care NHS Foundation Trust

1 Atodiad

Dear Mr Benjamin,

Please find attached the Trusts response to your request for an internal review.

Yours sincerely,

ANSUYA PATEL
Assistant Information Governance Manager
Quality & Governance Unit
Tameside Hospital NHS Foundation Trust
Silversprings House
Tameside General Hospital
Fountain Street
Ashton-under-Lyne
Lancashire OL6 9RW
0161 922 6936

dangos adrannau a ddyfynnir

Gadawodd navartne anodiad ()

Where is the approved Full Business Case for the scheme, dated October 2007. Says it's attached. sent by post?

Nid ydym yn gwybod a yw'r ymateb mwyaf diweddar i'r cais hwn yn cynnwys gwybodaeth neuai peidio - os chi ywJoel Benjamin mewngofnodwch a gadael i bawb wybod.