How $17 Billion of High-Risk Financing Undid Britain’s Hospitals

NHS at 70: What's Breaking the Bank?
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Ian Swithenbank describes himself as “old school.” A former coal-mine electrician who started work at 15, he’s instinctively suspicious when something appears too good to be true.

It was this mindset that he took into meetings of a National Health Service governing board he was on in 2000, when it had to decide whether to build a new hospital in Hexham in northeast England.