All Finance articles – Page 44
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NewsTrust lacks ‘grip and control’ over spending
An acute trust facing a worsening financial position has been warned it lacks ‘sufficient grip and control’ on spending.
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NewsExplained: How the Cabinet Office will control trust spending
The ways in which central government will oversee trust spending in the future has been set out in a series of webinars, a letter from the chief commercial officer Jacqui Rock, and a set of frequently asked questions – all of which have been seen by HSJ.
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NewsExclusive: Cabinet Office clamps down on trust spending freedom
NHS trusts will have to receive Cabinet Office approval for any clinical and non-clinical spending over £10m, HSJ can reveal.
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NewsEmergency pension rules extended for some staff
Emergency measures that relaxed pensions rules for some retired NHS staff who returned during the pandemic are being extended for another two and a half years, the government has announced.
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NewsGovt warned NHS may be forced to ‘completely revisit’ investment plans
Increases in inflation will force the NHS to drastically scale back services unless the government provides extra funding, NHS England’s chief financial officer warned today.
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NewsSupplier sues NHSE over ‘defective’ procurement process
A software and IT services supplier is suing the NHS for £6.6m damages because a “defective” procurement system led to it lodging paperwork in the wrong place, excluding its bid for a contract worth up to £144m.
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Expert BriefingLondon Eye: Optimistic savings fall apart
Essential insight into England’s biggest health economy, by HSJ bureau chief Ben Clover.
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News‘Real worry’ as two-thirds of ICSs fall into the red
Two out of three integrated care systems have fallen off track on their financial plans, with many now facing the prospect of having to report sizeable deficits in their first year of operation.
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NewsTemporary staffing agencies see huge jump in income
Companies supplying agency staff to NHS trusts have seen their income increase dramatically, an HSJ analysis of financial documents shows.
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News‘Sack poor NHS managers’, says new government adviser
An MP who has just become a ministerial assistant in the Department of Health and Social Care has called for ‘underperforming’ NHS managers to be ‘sacked’, claiming some executives in the health service earn up to £500,000 per year.
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NewsNew minister: Cutting capital budget ‘deeply short-termist’
New health minister Robert Jenrick has declared that cutting the NHS’s capital budgets would be ‘deeply short-term’ and undermine the government’s ability to put the service on ‘a sustainable footing for the future’.
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Expert BriefingWest Country Chronicle: Peninsula edges closer to shared EPR
From Cornwall to the Cotswolds, West Country Chronicle offers essential insight into NHS matters in the South West. Contact me in confidence here.
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NewsTrust drops mandatory renewable energy scheme with ‘no value’
An NHS trust has dropped a renewable energy mechanism that was intended to support a transition away from fossil fuels, despite it being made mandatory by NHS England.
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NewsCost of living crisis stoking appetite for ‘co-ordinated’ NHS strikes, warn trust CEOs
The cost of living crisis is increasing the chance of strikes by NHS staff this winter, fear trust chief executives, who are also concerned there are “increasing numbers of staff… unable to afford to work” in the service.
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PodcastHSJ Podcast: Why NHS pain will follow Truss’ economic chaos
With warnings the public sector could be forced to bear the brunt of last week’s tax cuts, we discuss the dire impact this will have on the NHS’ finances, its ability to retain staff and deal with the covid backlog.
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News‘Two week GP appointment’ policy delayed, despite Coffey pledge
NHS England has delayed a measure encouraging GP practices to see patients within two weeks – in contrast to ministers’ announcement last week trumpeting a new ‘expectation’ they would do so for all patients.
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NewsTreasury: No new NHS funding to deal with soaring inflation
The NHS is set to face a three-year funding squeeze after the government said it would not be topping up budgets to cover the impact of inflation.
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Expert BriefingNorth by North West: The downfall of a ‘pioneering’ private provider
Essential insight into NHS matters in the North West of England. Contact me in confidence here.
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NewsUpdated: IR35 rules on NHS contractors to stay in place
UPDATE: Controversial rules governing the tax status of contractors will now remain in place, after a U-turn by government on its own September ’mini budget’.
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NewsTrusts told to offer ‘pension recycling’
Trusts have been told to offer the option of pay rises for forgoing pension contributions for some senior staff, as part of a package of NHS pension changes announced today.