But as a worried nation puts its faith in peers they hope will bring the PM’s dangerous reforms to a shuddering halt, it was claimed yesterday 40 members of the chamber have a vested interest in seeing hospitals privatised.
People hoping for a fair and objective vote based on what is best for patients could be in for a disappointment over the revelations that lords and baronesses carry out a variety of work for health firms that could cash in on the changes.
Among them is former Tory Health Secretary Virginia Bottomley who is a director of Bupa and Lord Naseby, chair of Invesco Perpetual Recovery Trust – investors in pharmaceutical and biotechnology companies.
Mr Cameron’s Health and Social Care Bill could open the floodgates for a host of private firms to cash in on sickness, leaving poorer patients to make do with second-rate care. Spinwatch, a group which campaigns for more transparency in government, branded the claims a major concern and warned the impartiality of the vote is at risk.
Under the Lords code of conduct, peers must “declare when speaking in the House, or communicating with ministers or public servants, any interest which is a relevant interest in the context of the debate or the matter under discussion”.
But Spinwatch claimed that has not always been followed to the letter. It cited the example of Tory Lord Hunt of Wirral, who started the first NHS reform debate last October.
While he operated within the rules, by declaring his work for legal company Beachcroft, campaigners insisted he should have gone further.
Spinwatch said: “Hunt reminded his fellow peers during the debate only that he is ‘a partner in the national commercial law firm Beachcroft’.
“However, he does not mention that Beachcroft also offers lobbying services to private healthcare companies.”
Beachcroft says it provides “expert support for clients seeking access to key policy makers or developing campaigns to influence the development of regulation”.
A brochure advertising its health advisory services said: “In David Hunt and Charles Clarke, Beachcroft has two former senior Cabinet ministers with unrivalled knowledge of the workings of Westminster.” The Mirror yesterday approached the Tory party press office and left a message with the House of Lords switchboard as well as sending a message to an email contact on Lord Hunt’s web page, but he did not respond.
Lord Naseby also spoke in the October debate. He praised “the coalition Government’s strategy for the NHS” as “clear and very welcome”. There is no mention of Invesco Perpetual Recovery Trust in the Hansard record of the debate. Another Tory peer, Lord Higgins holds shares worth more than £50,000 in Lansdowne UK Equity Fund. It is a major investor in private hospital group Circle Holdings.
Circle, the first firm to get a contract to run an entire NHS hospital, is looking to expand its operations under the reforms.
Another former Tory health minister, Julia Cumberlege, runs a political networking firm that works “extensively” with the pharmaceutical industry.
Tony Newton, a Conservative health minister in the 80s, is an advisor to dental chain Oasis Healthcare.
Ex-Labour health minister Norman Warner was until September 2009 an adviser to Apax Partners, one of the leading global investors in the health sector.
He has since set up Sage Advice to provide “public affairs aid” to, among others, IT giant Dell, which is expanding its market share in British healthcare.
Lord Darzi, who was also a Labour health minister, is an adviser to medical technology firm GE Healthcare. Other Tory peers with an interest include Baroness Hogg, chair of Frontier Economics, a consultancy that advises private sector clients on the impact of healthcare reforms.
Lord Lang of Monckton is director of a group of firms that “help hospitals, insurers, pharmaceutical firms, and industry associations understand the implications of changing policy environments and how best to respond to them”.
And Lord Wakeham is a paid advisor to a consultancy firm which helps private healthcare companies identify “Growth and New Business Development” and “opportunities with the Government”.
The peers
Baroness Bottomley of Nettlestone: The former Conservative Health Secretary Virginia Bottomley is a Director of BUPA, the health insurance, private hospital and care group.
Lord Naseby: Chairman of and a share-holder in Invesco Perpetual Recovery Trust. One fifth of their investments are in pharmaceutical and biotechnology companies.
Lord Wakeham: Advisor to L.E.K. Consulting, which specialises in helping private healthcare companies identify "growth and new business development" and "opportunities with the government".
Lord Hunt of Wirral: Partner in Beachcroft, a law firm that offers incisive analysis on the full range of government, parliamentary and regulatory matters in the health sector.
Lord Lang of Monckton: Director of Marsh & McLennan Companies that "help hospitals, insurers, pharmaceutical companies and industry associations understand the implications of changing policy environments".
Lord Darzi: Former surgeon drafted into government as a health minister by Gordon Brown when he was PM. Now an adviser to medical technology firm GE Healthcare.
Baroness Cumberlege of Newick: Former Tory health minister, runs Cumberlege Connections, a political networking firm that works "extensively" with the pharmaceutical industry.
Baron Higgins of Worthing: Holds in excess of £50,000 of shares in Lansdowne UK Equity Fund, backers of private hospital group Circle Holdings.
Baron Newton of Braintree: Advisor to Oasis Healthcare on dentistry and general healthcare matters.
Baroness Hogg of Kettlethorpe: Chair of Frontier Economics, a consultancy that advises private sector clients on the impact of healthcare reforms and how "to shape regulatory environments".
Lord Freeman: The ex-health minister is chairman of the Advisory Board of PricewaterhouseCoopers, which claims to have “been at the heart of shaping [healthcare] reforms and working with clients to respond to the opportunities they present”.
Lord Ribeiro: Adviser on hospital reorganisation to PricewaterhouseCoopers.
Lord Blackwell: Chairman of Interserve, consultancy to NHS and private healthcare firms.
Lord Blyth of Rowington: Senior adviser to investment bankers Greenhill.
Lord Forsyth of Drumlean: Senior adviser to Evercore, bank involved in huge healthcare deals.
Lord Garel-Jones: MD of UBS bank, whose healthcare division earned the firm over $1billion since 2005.
Lord Griffiths of Fforestfach: Director of Goldman Sachs bank, provider of services to healthcare firms.
Lord Howard of Lympne: Senior adviser to Hawkpoint Partners, a corporate finance firm.
Lord Tugendhat: Adviser to Trilantic Capital Partners, a private equity firm “active” in healthcare.
Lord Coe: Director of AMT-Sybex Group, IT supplier to the NHS.
Lord Magan of Castletown: Director of the SISK Group of healthcare companies.
Lord Ballyedmond: Chairman of pharmaceutical company Norbrook Laboratories.
Lord Chadlington: Chief executive of Huntsworth communications group with several lobbying firms.
Lord Bell: Chairman of Chime Communications group, whose lobbying clients include Southern Cross, BT Health and AstraZeneca.
Baroness Hooper: Until July 11, chairman of Advisory Committee of Barclays Infrastructure Funds, one of the most experienced investors in hospital PFI deals.
Lord Ashcroft: Until 2010, held investments in two private healthcare groups.
Lord Leitch: Bupa chairman.
Lord Filkin: Adviser to outsourcing giant Serco, heavily involved in .
Lord Harris of Haringey: Senior adviser to business services giant KPMG.
Lord Hutton of Furness: Ex-health minister is an adviser to law firm Eversheds. Clients include care homes and private hospitals.
Lord Hunt of Kings Heath: Self-employed “consultant on NHS and wider health issues”.
Lord Puttnam: Director of Huntsworth communications group.
Lord Warner: Former adviser to Apax Partners, one of the leading global investors in the healthcare sector. Current director of Sage Advice Ltd,
Lord Evans of Watford: Director of healthcare property firm Care Capital.
Baroness Morgan of Huyton: Ex-director of failed care home firm Southern Cross.
Lord Clement-Jones: Partner in DLA Piper, a global law firm providing lobbying services to “clients in the health and social care sectors”.
Lord Taverne: Chairman of private health insurer Axa Sun Life’s monitoring board.
Lord Patten of Barnes: Adviser to private equity firm Bridgepoint.
Lord Currie of Marylebone: Chairman of Semperian, an investment vehicle, which owns a portfolio of mature Public Private Partnership investments, including hospitals.
Lord Hameed: Chair of private secure mental health hospital group Alpha Hospitals, which is investing in a new acute private hospital in central London.