Friday, 21 February 2014

Private Eye exposes crap governance

Several learned commentators have positively pontificated on the appointment of ex-M & S boss, Sir Stuart Rose as an advisor to the NHS. It takes a genuine independent, campaigning journal to add the bits the supine mainstream media left out.

“Health secretary Jeremy Hunt proudly claims that Sir Stuart Rose will bring a high-street retailer’s experience to the NHS, following the appointment of the former Marks & Spencer chief executive – now part-time Ocado chairman – as an unpaid advisor.
     However, Hunt seems rather less keen to mention Rose’s other current chairmanship – of Bridgepoint Capital, a private equity firm that owns at least three private health businesses in Britain, including care home provider Care UK, dental chain Oasis and “telehealthcare” firm Tunstall. 

Bridgepoint’s website boasts that it has €1.7bn invested in healthcare and pharmaceuticals businesses across Europe. With Sir Stuart now getting a foot in the door in Whitehall, the prospects for greater private involvement in the NHS look distinctly, er, Rosy.” P. Eye. 1360

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