
NHS Grampian overspends by £17m in three months amid scrutiny
Papers published ahead of a board meeting on Thursday said NHS Grampian's overspend for the three months up to June was £17.17m. The report said: "NHS Grampian has been experiencing significant financial pressure for some time driven by inflationary increases on our cost base, the financial impact of operational pressures as a result of an increase in patient acuity, demand for services post Covid and the need to reduce waiting lists. "These pressures are being experienced across the whole of health and social care sector within Grampian with significant financial pressure from the integration joint boards driven by largely the same factors."The health authority said new cost pressures worth an extra £4m not included in a financial recovery plan included "higher than anticipated energy charges".A rapid review of savings plans is being carried out to try to ensure financial targets can be met.The board meeting on Thursday will hear escalation to Stage Five of the National Performance Framework is possible if NHS Grampian is not able to demonstrate the required improvements.New chief executive Laura Skaife Knight will shortly take charge amid the ongoing pressures.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Independent
2 minutes ago
- The Independent
Gatwick baggage screeners to strike from next week
A trade union has announced a strike at Gatwick airport from next week which it claims will put all departing flights at risk of disruption. Unite said baggage screeners employed by ICTS will walk out in a dispute over pay from August 22-26 – which includes a bank holiday weekend – and August 29 to September 2. The union said the workers are among the lowest paid at the West Sussex airport, earning 'just above the minimum wage'. Meanwhile, ICTS made a profit before tax of £6.1 million in 2024, a 46.9% increase compared to the previous year, according to the union. Unite general secretary Sharon Graham said: 'ICTS has more than enough money to offer these workers a fair pay rise. 'Not doing so is just corporate greed. 'ICTS' Gatwick workers will receive Unite's complete backing for as long as it takes during their strikes for fair pay.' Unite said 'all flights out of Gatwick will face disruption', and industrial action 'will intensify if the dispute is not resolved'. Gatwick was approached for a comment.


The Independent
2 minutes ago
- The Independent
Shoe Zone blames Budget tax hikes as chain halves profit forecast
Shoe Zone has halved its profit guidance in the face of weaker consumer spending, partly blaming the impact of the Labour Government's budget tax hikes. The high street chain said it was knocked back by 'challenging trading conditions' in both June and July. It told shareholders that is saw a further drop in consumer confidence 'following on from the Government's October 2024 budget announcement'. Shoe Zone bosses said they saw weaker 'discretionary spending' and decreased footfall in stores due to the impact of inflation, interest rates and higher savings rates. The Leicester-based retail chain said this has a caused a 'resultant reduction in revenue and profit'. It therefore said in a statement to the stock market that it is on track for an adjusted pre-tax profit of around £2.5 million for the year to September 27. The company had previously forecast a profit of £5 million for the year. Shoe Zone said it will also withdraw its previous plans for paying out dividends due to the weaker performance. The company said: ' Management remain confident with the underlying strategy, with the 200th new format store opening this month. 'The company remains debt free and confident in our cash management, with cash levels currently higher than the same period last year.' Shoe Zone runs 271 stores across the UK and has around 2,150 employees. Shares tumbled by around 20% in early trading on Wednesday.


The Independent
2 minutes ago
- The Independent
Treasury looks at inheritance tax ahead of autumn budget
The Treasury is reportedly considering tightening inheritance tax rules to address a £50bn shortfall in public finances. Proposed measures include scrapping the 'seven-year rule' for gifts and introducing a potential lifetime cap on gifts to limit pre-death asset transfers. Inheritance tax, which applies to estates worth more than £325,000, generated a record £6.7bn in 2022-2023 and is seen by some as a de facto wealth tax. The move comes amid pressure on Rachel Reeves to find solutions for a projected £41.2bn shortfall by 2029-2030, with calls for a broader wealth tax. Despite suggestions for wealth taxes from some Labour figures, the Treasury's official stance is to focus on economic growth and avoid raising income tax, National Insurance, or VAT.