Queen Victoria records 'good' financial performance

The FT generated a surplus of £1.444m against a plan of £1.039m for the period and its financial risk rating remains at ‘5’.

Council of governor meeting papers, for 20 October, state that income from patient activity has “recovered well from a slow start in April and is now slightly ahead of plan overall”.

The trust is also benefitting from lower interest and depreciation charges than planned.