NHS Bank Mr. Laws To ask the Secretary of State for Health how much the NHS Bank (a) received, (b) loaned and (c) recovered in each year since it was established; and if she will make a statement on its operation. Andy Burnham The NHS Bank is funded from a central allocation from the Department of Health. The contributions received and repayments made by strategic health authority (SHA) in each year since 2002 are set out as follows: ----------- |£ million| ----------- | |Avon Gloucester and Wiltshire|Surrey and Sussex|Bedfordshire and Hertfordshire|Thames Valley|Kent and Medway|Total| ----------- |2002-03 |45|30|25|—|—|100| ----------- |2003-04 |70|40|—|25|17|152| ----------- |2004-05 |40|20|—|10|—|70| ----------- |2005-06 |20|—|—|—|(8)|12| ----------- |2006-07 |—|(7)|—|(5)|—|(12)| ----------- | |175|83|25|30|9|322| ----------- In addition to the distribution of special assistance funding, the NHS Bank also managed the brokerage of cash and capital resources between SHAs, from its inception in 2003 until 2005-06. The NHS Bank provided funding to SHAs only. The Bank does not provide repayable loans to PCTs and NHS trusts. The distribution of funding to individual organisations is the responsibility of the relevant SHA. Any cash contributed from, or received by, an SHA under these arrangements was returnable in full in the following financial year. In addition, a one-off cash rebasing was carried out in 2003-04 that was not returnable the following year. The following table summarise all brokerage and cash rebasing that was managed through the NHS Bank. ----------- |£ million| ----------- | ||Brokerage received|Brokerage issued|Net position| ----------- |2003-04 |New brokerage|170|483|313| ----------- | |Cash Rebasing|—|212|212| ----------- |2004-05 |Prior yr reversal|483|170|313| ----------- | |New brokerage|410|317|93| ----------- |2005-06 |Prior yr reversal|317|410|93| ----------- | |New brokerage|372|660|288| ----------- | ||660|372|288| ----------- From 2006-07, cash support to NHS trusts will be provided by interest bearing loans and deposits issued by the Department.