After three years of building work the new Peterborough City Hospital is now open.
Peterborough: Bailout For City Hospital
The debt-ridden NHS trust that runs Peterborough City Hospital has been given £46 million.
The government funding will go towards the cost of running the hospital during the next year.
Peterborough and Stamford NHS Hospital trust is currently around £56 million in debt.
The trust is currently making payments to cover the cost of Peterborough City Hospital, which opened in November 2010 at a cost of £289 million.
It was funded by a Private Finance Initiative (PFI) investment of £335 million, which also paid for the Cavell Centre and City Care Centre.
Peter Reading, Interim Chief Executive of the trust said: "This is extremely positive news for the Trust.
In the last month we have succeeded in two objectives: receiving an acknowledgement by the Treasury that there are some Trusts with unaffordable PFI payments, and receiving the short-term funding that we required."
Real Time Journey Information Cash Awarded To Help RNIB Visitors In Peterborough
RSPCA Helping With The Investigation
360 businesses have been named and shamed for underpaying thousands of workers a total of almost £1million.
Cambridgeshire & Peterborough would need £800m to perform a radical overhaul of their NHS services, according to the British Medical Association.
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