Trust surpluses safe from Treasury

The NHS chief executive has pledged that the £3 billion surplus built up over the last two years will not be clawed back by the Treasury.

'I spent the last two years arguing that surpluses are good, surpluses are what make you free,' David Nicholson told the NAPC conference.

'That gives me, as chief executive of the NHS, a responsibility to deliver that money back to you.'

'That view is not only held by me, it is absolutely held by Alan Johnson as well,' he added.

Mr Nicholson was speaking in response to comments made by King's Fund economist John Appleby the previous day.

Mr Appleby repeated his concerns, first outlined in a BMJ article last month, that the government could claw back nearly £3 billion of unspent NHS funding to help bail out the economy.

But Mr Nicholson said that the surpluses were key to paying for the redesign of services necessary over the next few years.

'Can you imagine if we had gone into the next period in the state we were in three or four years ago, half a billion pounds over budget?' he asked.

'The only issue is at what speed that money gets spent.'

Comment below and tell us what you think

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register

Already registered?

Sign in

Follow Us:

Just published

Government outlines PPE supply plans as GPs remain in dark over reimbursement

Government outlines PPE supply plans as GPs remain in dark over reimbursement

The government has outlined plans to provide 'an uninterrupted supply' of PPE during...

Four in five GPs report heavy workload as COVID-19 second wave builds

Four in five GPs report heavy workload as COVID-19 second wave builds

Four in five GPs say their practice is currently facing levels of workload that are...

Medeconomics Live: Bringing you the latest in practice management thinking

Medeconomics Live: Bringing you the latest in practice management thinking

The one-day, virtual Medeconomics Live conference aims to provide essential insights...

First COVID-19 jabs to target care home residents and staff under new JCVI advice

First COVID-19 jabs to target care home residents and staff under new JCVI advice

Older adults living in care homes and staff working there will be first to receive...

GPs unable to veto virtual fitness to practise hearings during pandemic

GPs unable to veto virtual fitness to practise hearings during pandemic

GPs facing fitness to practise investigations during the COVID-19 pandemic will be...

Government rejects major NHSPS overhaul - but changes 'could ease GP service charge disputes'

Government rejects major NHSPS overhaul - but changes 'could ease GP service charge disputes'

A government review has rejected calls for a major overhaul of an NHS Property Services...