Socialist Worker

Health trusts in financial crisis

Issue No. 2442

Top bosses at Barts Health NHS Trust in east London resigned last week amid a growing financial crisis. Chief executive Peter Morris and chief nurse Kay Riley went a fortnight after it reported a £93 million budget deficit. 

The situation is a result of bosses’ determination to push through a damaging merger of three east London NHS trusts. 

It is part of a wider financial crisis. NHS foundation trusts’ deficits nearly doubled to £321 million in six months, according to a report from the watchdog Monitor.

Many trusts are sinking into debt partly because of crippling agency staff bills. 

No mainstream party is committed to providing the funding the NHS needs.  

So health unions were wrong to call off planned walkouts last month. They are balloting on a pay proposal and will strike on 13 March if it is rejected. 

The Unison ballot ends on 2 March. The GMB consultation was set to end this week.

Defend London’s NHS rally Tuesday 10 March, 7.30pm, Hammersmith Town Hall, King St, London W6 9JU.
999 call for the NHS convention Saturday 28 February, 11.30am to 5.30pm, Hammersmith Town Hall


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Tue 24 Feb 2015, 17:17 GMT
Issue No. 2442
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