FINANCE: Heatherwood and Wexham Park Foundation Trust is beating its deficit forecast, and is now predicting a shortfall of £13.7m.

The trust reforecast its finances in October, and had expected an £18.3m deficit.

Its finance report for February said: “Having reforecast the outturn for the year, the trust continues to exceed the revised monthly targets.

“Relative to an initial reforecast deficit of £18.3m, the trust has by the end of December realised savings and incremental income to reduce this to £14.5m.

“Potential further upside has been identified to reduce the deficit to £13.7m.”

Board papers said income was high in January “due to the year to date impact of the settlement with Berkshire East PCT (£1.2m).”