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North East Strategic Health Authority: Finance

Volume 461: debated on Thursday 21 June 2007

To ask the Secretary of State for Health whether the surpluses generated in the north east strategic health authority (SHA) in 2006-07 will be retained in full in the SHA for use in future years. (144407)

The surplus generated by the national health service at the end of 2006-07 will be carried forward for spending in future years.

Individual organisations must work to manage the potential financial risks and the strategic health authorities (SHAs) have a key support role to play. The financial recovery in 2006-07 has put the NHS on a much firmer financial footing for 2007-08. Planning to generate surpluses, and holding reserves at SHA level, are a central part of the strategy to ensure that financial good health can be sustained in future years.