FINANCE: The South London and Maudsley Foundation Trust is predicting a deficit for 2014-15, its annual plan review reveals.

The document submitted to Monitor shows the mental health trust predicting surpluses of £55k this year and £900k in 2013-14 but a small deficit of £400k the year after.

The annual plan review predicted falls of two per cent in NHS income in 2013-14 and 2014-15 and pay inflation of one per cent in each of those years.

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Source

Annual plan review (attached, right)

Source date

August 2012

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