I think it is a combination of the two. Organisations must ensure that their income and expenditure are in balance on a monthly basis by the end of the year, but must also establish plans to show how they will recover their deficits. By pooling reserve money, SHAs are helping to ensure that the whole health economy is better protected against the deficits that some areas are facing. I shall be happy to write to the hon. Gentleman, but I can say no more than that. All organisations that are overspending will be expected to show an improvement during the current financial year, and by the end of the year every organisation should have monthly income covering monthly expenditure or give a date by which that will be achieved in 2007-08.
Health Services (Gloucestershire)
Proceeding contribution from
Caroline Flint
(Labour)
in the House of Commons on Monday, 12 June 2006.
It occurred during Adjournment debate on Health Services (Gloucestershire).
Type
Proceeding contribution
Reference
447 c612-3 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
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2024-04-21 12:17:34 +0100
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