FINANCE: A November meeting of Monitor’s compliance board concluded that the regulator expected Peterborough and Stamford FT to remain in significant breach of its terms of authorisation for “the foreseeable future”.

Newly published minutes from the 16 November 2011 meeting note: “Peterborough and Stamford Hospitals NHS Foundation Trust would remain in significant breach for the foreseeable future due to its weak financial position.

“The importance of local commissioners in determining a sustainable solution to the Trust’s current problems was emphasised and the committee noted that the SHA and the Department of Health (DH) would have to be actively involved in addressing the situation faced by this Trust.