FINANCE: Significant under delivery of the cost improvement programme means that only £20m of the £28m target is now forecast to be achieved.

During the year the trust implemented a financial recovery plan which has now enabled it to move to a year to date surplus at Month 11, having been in deficit for the previous 10 months.

This plan includes a number of new savings sources and also additional income for emergency and other activity, which has now been agreed by the cluster PCTs.

NHS Midlands and East met with the trust in mid January and received assurance that the planned outturn will be achieved.