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Friday 19th July 2019

PCT's £28m black hole blamed partly on clustering

20th June 2012

A £28m black hole opening up in the books of NHS Croydon has been blamed partly on it clustering with four other primary care trusts in south west London.

Ernst and Young said the move in February 2011 led to issues of continuity of leadership and operational management and that “insufficient senior supervision of the finance team” saw "significant deficiencies in the financial management arrangements". However, this was not identified by internal or external audit and the 2010/11 financial statements reported a £5.5m surplus, leaving NHS Croydon £28.2m adrift of the figure.


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