HC Deb 16 May 1994 vol 243 cc315-6W
Mr. Milburn

To ask the Secretary of State for Health, pursuant to her answer of 20 April,Official Report, column 541, regarding trusts which failed to meet the capital return targets, when the information for 1993–94 will be made available.

Mr. Sackville

This information will be available once accounts have been audited and submitted to the national health service executive in December 1994.

Mr. Milburn

To ask the Secretary of State for Health what has been the size of surpluses generated by trusts in each year since 1990–91, by region.

1. Mr. Sackville

The information requested is shown in the table. There were no operational trusts in the 1990–91 financial year. Information for 1993–94 will be available in December 1994.

Region Retained surplus/(deficit)
1991–92 £000s 1992–93 £000s
Northern 2,896 5,427
Yorkshire 3,100 2,991
Trent 153 4,593
East Anglian 1,075 533
North West Thames 6,145 17,220
North East Thames 7,249 13,165
South East Thames 1,082 9,597
South West Thames 6,582 4,116
Wessex 2,111 4,105
South Western 12,483 11,119
Oxford 104 4,356
West Midlands 2,932 4,177
Mersey 2,194 (749)
North Western 50 6,952


Source: Audited accounts of NHS Trusts 1991–92 and 1992–93.

2. The figures for 1992–93 are provisional, being subject to National Audit Office review.

3. Surplus/(Deficit) is after interest, dividend payable on Public Dividend Capital, extraordinary and exceptional items.

Mr. Milburn

To ask the Secretary of State for Health if she will itemise where trusts deposited their surpluses in each year since 1990–91.

Mr. Sackville

It is for trusts to make their own arrangements for depositing cash not required for immediate use, within the constraints placed on them by statute. Information on where individual trusts deposit their money is not available centrally, but such arrangements as they do make are subject to independent audit. Paragraph 7 of schedule 3 to the National Health Service and Community Care Act 1990 states that trusts can invest surplus cash in securities of the Government of the United Kingdom or in such other manner as the Secretary of State may, with the consent of the Treasury, approve. Approval has been given for investment in certain United Kingdom public sector institutions, banks which are authorised institutions under part I of the Banking Act 1987, and building societies authorised under the Building Societies Act 1986.

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