NHS on track for £1.8 billion surplus

The NHS will be £1.8 billion in the black by the end of 2007/8, according to a DoH forecast.

At the end of 2005/6, the NHS was in deficit by £547 million. But data from the first nine months of 2007/8 show that the situation has been reversed, with the NHS now heading for a surplus worth 2.3 per cent of its total budget.

NHS chief executive David Nicholson said: ‘Today's report not only shows that the NHS now has a strong and sustainable financial position, but also it shows that we remain on course to deliver against our key pledges.' 

The figures are in the DoH's third NHS quarterly performance report

The report also highlights achievement against other NHS targets. It shows that 98 per cent of patients are offered GP appointments within 48 hours.

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