Monday 25th September 2017
Facebook
Twitter
RSSTrust refused loan by government
31st October 2012The government has told Worcestershire Acute Hospitals NHS Trust that it will not be getting a loan of £21m from the Department of Health to help pay off its debts.
The trust needs the financial help to deal with £18m of debt and running costs but the government said a loan of that size will put the organisation over its borrowing limit. It will, however, consider a revised application by Worcestershire to borrow £9m and has promised to make a decision in December.
Share this page
Comments
There are no comments for this article, be the first to comment!
Post your comment
Only registered users can comment. Fill in your e-mail address for quick registration.
Article Information
Title: Trust refused loan by government
Author:
Mark Nicholls
Article Id: 23068
Date Added: 31st Oct 2012
Sources
Recent Related Articles
Trust facing £75m deficit
Trusts falling short of financial target
Trust forced to pay VAT bill
Hospital trust merger a step closer
Cost-saving proposals unveiled by health trusts
Government must pay for impact of Brexit on NHS
Trust to transfer land to quango
Teaching trust inspected following bullying claims
Trust warned over bullying culture
Three acute trusts merge departments
