The current property portfolio held by NHS Property Services is vast. The Naylor Report recommends selling as much as possible, as quickly as possible. With the ‘2 for 1’ offer in mind, that recommendation amounts to Theresa May supporting a fire sale. Simply asset-strip the NHS, sell it piecemeal to whichever wealthy interests want to buy it and cover the inevitable financial losses with our money.
The Naylor Report also recommends actively accelerating the process, stripping NHS land and property assets as quickly as possible. Or, to put it more bluntly, sell it all off before too many people get wind of the idea. Then there’s the small matter of what to do with NHS Trusts that have assets, but don’t actually want to sell them off at bargain discounts.
The report has some pretty specific recommendations on that point as well.
Recommendations like this:
If provider plans are not embedded within STP plans, which maximise disposals, address backlog maintenance and deliver the 5FYV, they will not be eligible to access public capital funding.
Which in plain English means that if a hospital or NHS Trust doesn’t co-operate with these plans to have their assets sold on the cheap, they won’t be eligible for funds to buy new essential equipment such as beds or monitoring equipment.
In short, May admits supporting a report that recommends forcibly asset-stripping the NHS (assets which our tax money has already paid for), selling those assets at below market prices to wealthy business interests, and then spending our tax money again to cover the inevitable financial losses of this fire sale.