NHS Trusts: Debts

(asked on 11th June 2020) - View Source

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, what recent estimate he has made of the level debt of each NHS Trust after the NHS debt write-off announced by his Department on 9 April 2020.


Answered by
Edward Argar Portrait
Edward Argar
Minister of State (Ministry of Justice)
This question was answered on 19th June 2020

The level of National Health Service provider debt from Departmental loans will fall to £3 billion after the announced debt write-off. The remaining debt are loans which were taken out at the option of the providers, were subject to affordability assessment and are being repaid. The loan write-off will be transacted in 2020-21 through converting the loans to equity (Public Dividend Capital).

This figure does not include debt taken from sources external to the Departmental group such as commercial debt and private finance initiatives.

Data on total debt is currently not held by NHS England and NHS Improvement in the requested format.

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