Financial problems are the reason behind three-quarters of unsuccessful bids for foundation trust status, according to the regulator. Monitor chair Bill Moyes called for 'better preparation' by those going through the authorisation process.

Foundation Trust Network director Sue Slipman said strategic health authorities needed to address the issue of trusts with robust finances and governance having their plans for authorisation put back by deficits elsewhere in the health economy.

Read Monitor's press release

Financial problems are the reason behind three-quarters of unsuccessful bids for foundation trust status, according to the regulator. Monitor chair Bill Moyes called for 'better preparation' by those going through the authorisation process.

Foundation Trust Network director Sue Slipman said strategic health authorities needed to address the issue of trusts with robust finances and governance having their plans for authorisation put back by deficits elsewhere in the health economy.

Read Monitor's press release