Sewell Advisory’s Post

🎉 Celebrating 20 Years of LIFT! 🎉 This year marks the 20th anniversary of Hull CityCare, a pioneering LIFT (Local Improvement Finance Trust) company established in 2004. LIFT was created to modernise the aging NHS primary healthcare estate, ensuring services are delivered within communities and are fit for the future, putting patient care first. By combining the strengths of both public and private sectors, we’ve been able to deliver modern, fit-for-purpose facilities. With a 40% public and 60% private sector ownership, private investment supports the development of these vital public assets, ensuring they are maintained in day one condition. Our very own Tim Wigglesworth, Chief Executive of Hull Citycare, highlights the transformation: “Several years ago, many GPs were based in old, outdated buildings that were rundown and not fit for purpose. Now, Hull’s health centres are housed in purpose-built, sustainable, and modern LIFT buildings, offering great surroundings for patients and staff.” LIFT companies serve areas with higher than average health inequalities, making their investment even more valuable. The LIFT portfolio in England contains around £2.5bn of investment from just £100m of public capital, bringing economic benefits directly to communities through employment and job creation.

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