The Queen Elizabeth Hospital NHS Trust in Woolwich, south-east London was a flagship PFI project which opened in 2001. Even the Trust's Chief Executive describes its financial situation as "technically insolvent". By 2009 the annual deficit for the QEH could be £100m unless the government restructures a crippling PFI debt.For the full story see: Carvel, J. (2005), Flagship PFI hospital 'technically bankrupt', The Guardian, Friday December 16,http://society.guardian.co.uk/privatefinance/story/0,8150,1668724,00.html
