Monday 16 September 2019

NHS trusts handing over £205m a year to Government in interest payments as debts mount - iNews

NHS trusts handing over £205m a year to Government in interest payments as debts mount NHS trusts are handing over more than £205m a year to the Government in interest payments after being forced to take out loans, i can reveal.

Critics accused the Conservatives of “starving the NHS” by charging unreasonable interest rates on the loans they make to hospitals and other organisations which are struggling to afford their running costs.

Trusts across England have paid more than £607m to Whitehall in interest over the past five years. The amount paid out is rising every year as NHS debts continue to mount; last year it could have paid the salaries of 7,500 nurses. iNews

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