Cash-strapped trust made £10m sale to subsidiary company

By Ben Clover2019-04-09T11:40:00

King's College Hospital, Golden Jubile Wing

A prominent foundation trust recorded nearly £10m in income by selling scanning equipment to a company it owns, which in turn had borrowed the money from the NHS parent organisation, HSJ can reveal.

You need to be a subscriber to read more

Subscribe for unlimited access

With a HSJ subscription you’ll unlock:

All HSJ news by sector, topic & region
Breaking News announcements
App for mobile and offline reading
Comment and Daily Insights newsletters
Regional roundup newsletters
Unrestricted access to ‘Ask HSJ’ - AI assistant - AI assistant
10 expert briefings every fortnight (Premium only)

to HSJ

Already a subscriber? Sign into your account here