Thursday 11 February 2016

Department of Health receives £205m emergency bailout

Department of Health receives £205m emergency bailout Treasury forced to top up £116.3bn budget when it became clear Jeremy Hunt’s department would not balance its books.

George Osborne has been forced to give the Department of Health an emergency bailout to stop it busting its budget for this year, in a further sign of the intense pressures on NHS finances.

The Treasury has given the DH an extra £205m on top of the £116.3bn it was originally allocated in its 2015-16 budget. It handed over the money when it became clear that, in a serious breach of Whitehall protocol, health secretary Jeremy Hunt’s department would be unable to balance its books by the end of March. Continue reading... The Guardian

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