Part of the debate – in the House of Lords at 5:19 pm on 1 February 2016.
Lord Warner
Non-affiliated
5:19,
1 February 2016
My Lords, the Minister mentioned the chief executive of NHS Improvement in very approving terms. Is he aware that that same chief executive told the House of Commons Public Accounts Committee that the sector’s deficit for the current financial year, 2015-16, looks,
“like it is heading towards £2.5 billion or perhaps even north of that”.
Capital to revenue transfers and “accounting adjustments” will kick in before April to bring the number down. Does that mean that the much-touted £3.8 billion that will come into the NHS next financial year, 2016-17, already has £2.5 billion to be offset against it before the financial year starts?
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