FINANCE: Barts Health Trust ended 2015-16 with a deficit of £134.9m, board papers reveal.

The trust has a £1.3bn turnover and said it achieved the total with significant ”non-recurrent” measures.

London Chest Hospital

London Chest Hospital

The trust made £30m from the sale of London Chest Hospital

These included a £30m profit on the sale of the London Chest Hospital for housing; a capital to revenue transfer of £15m; and £9m of other non-recurrent income.

The trust’s finance report to the May board meeting said the “current underlying run rate deficit [is] £200m”.

Barts Health ended 2014-15 with a £79.6m deficit.