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Supporters of PFI note that more hospitals have been built in the UK in the last 10 years than in the previous 50. Detractors think the capital inflows are being spent on the wrong assets in the wrong places, leaving the future as uncertain as ever.

Chris Calkin, Director of Finance & Information, Derby Hospitals NHS Foundation Trust Chris has worked in the NHS for the last 29 years holding senior positions in Finance & Information and General Management, the last 13 years at Board level. Robert A Naylor, Chief Executive, University College London Hospitals NHS Foundation Trust Robert has been a Chief Executive in the NHS for twenty years and has been Chief Executive of University College London Hospitals NHS Foundation Trust (UCLH) since November 2000.

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With tongue firmly in cheek, regional broker CLSA launched its annual Feng Shui Index report early in February, offering prognostications for the Chinese Year of the Rooster. Now in its 14th year, the report, this time entitled "Rooster Oracles", is a humorous look at what the year might hold for the market in Hong Kong, one of the world's most superstitious places.

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A BANK EXECUTIVE telling you he sees no prospect of his institution merging with another is a bit like a politician telling you he's quitting to spend more time with his family. Usually it's little more than bluster.

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Traditionally the backyard of the US, Latin America is fast becoming China's new best friend. Such is the apparent warmth of the relationship that Venezuela's president, Hugo Chávez, recently declared that Mao Tse-tung and 19th-century independence leader Simon Bolivar would have been great friends had they met.

German consumer spending remains lacklustre, so it's as well that the federal republic's exports are maintaining healthy growth. But what if foreigners start buying less and Germans fail to regain confidence?