FINANCE: The trust exceeded its planned cost improvement programme savings by 4 per cent in the first quarter of 2012-13, but more than 40 per cent of the savings were achieved by one-off measures, its latest finance report shows.
East Cheshire recorded CIP savings of £1.620m for the first three months of the year, against a plan to save £1.557m to that point.
However, the report notes that £667,000 of those savings were non-recurrent.
It the trust’s progress on “full year effect” CIPs as “red”, with savings totalling £952,000, or £605,000 behind plan to that point in the year.
Source
Source date
19 July 2012
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