§ Mr. MorganTo ask the Secretary of State for Wales when he expects to announce approval of and the names of the chairmen and board membership of those trusts intended to commence their existence on 1 April 1995.
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§ Mr. RedwoodDecisions on whether or not to establish further NHS trusts in Wales are expected to be announced in the autumn following statutory public consultation. Announcement of the membership of any further trusts would be made as soon as possible thereafter.
§ Mr. MorganTo ask the Secretary of State for Wales if he will list those health trusts in Wales which(a) are and (b) are not achieving a 6 per cent. rate of return with respect to the financial year 1993–94 management accounts.
§ Mr. RedwoodAll but one of the 14 trusts expect to achieve a 6 per cent. rate of return for 1993–94. The rate of return for the South and East Wales ambulance trust may be marginally lower at around 5.7 per cent. The actual outcome will be known following the audit of the annual accounts for each trust.
§ Mr. MorganTo ask the Secretary of State for Wales what representations he has received from the trusts in Wales with respect to the 6 per cent. rate of return on capital, with respect to rolling forward interest payments, or adjustment of the(a) 6 per cent. rate of return or (b) the valuation of capital stock; and if he will make a statement.
§ Mr. RedwoodI have regular discussions with the chairmen of Welsh NHS trusts on a range of issues. Trusts have a duty to achieve their statutory financial targets.