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NHS still creaking under lack of funds

GOVERNMENT underfunding of the NHS in England and Wales has created a £2.26bn deficit in the health service finances – some £622m worse than expected -a new report has found. Some 75% of the 240 NHS...

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Only 5% of NHS finance staff feel appreciated by public

JUST 5% of NHS finance staff feel valued by the British public. That’s the finding from the latest research from the Healthcare Financial Management Association (HFMA). Yet despite such a downbeat...

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Record £2.45bn deficit for NHS in England

NHS providers in England reported a record overspend of £2.45bn for the year ended 2015-16. The deficit marks the second consecutive year it has fallen into the red and the figures published by NHS...

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Microsoft corporation tax bill £100m a year lower through HMRC deal

TECHNOLOGY giant Microsoft has been accused of lopping £100m a year off their corporation tax bill after securing a confidential deal with HM Revenue & Customs. The Sunday Times reported that...

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Brexit: What the papers say

BREXIT is dominating the headlines of the nation’s national newspapers, as the country attempts to cover the fallout from one of the biggest political decisions in Britain’s history, which has led to...

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Hammond to ditch Osborne budget targets for more ‘balanced approach’

A MORE ‘BALANCED APPROACH’ to budgeting is to be introduced by new chancellor Philip Hammond, as he ditches previous government finance chief George Osborne’s economic targets. Hammond will tell the...

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Cuadrilla fracking gets green light despite local opposition

THE GOVERNMENT has overturned local council objections to a fracking scheme in Lancashire, providing Britain’s shale gas industry with a big win, and signalling the government’s clear support for...

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Public sector CFOs keen to embrace digitisation

THE USE of digital technologies such as blockchain and analytics are being prioritised by public sector finance chiefs, to deliver more with less in austerity-hit councils and local authorities,...

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Controversial council raises debt ceiling to £1.5bn

A Surrey council that has become the most high profile local authority investing heavily in property assets reveals it has the mandate to increase its debt capacity to £1.5bn. A spokeswoman for...

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Covid-19 loan guarantee schemes save up to half a million UK businesses

The UK government’s Covid-19 loan guarantee schemes are estimated to have saved between 150,000 and 500,000 businesses from permanently closing, according to a new report commissioned by the British...

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