Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, what assessment he has made of the potential impact of the requirement upon Oxford University Hospitals NHS Foundation Trust to make savings of £99 million this year on the delivery of health services in Oxfordshire.

Like many other trusts, the Oxford University Hospitals NHS Foundation Trust overspent against their own plan in 2024/25, despite receiving significant additional support to deliver that plan. We can no longer accept overspends as standard. It is critical that all National Health Service organisations maximise every penny available to them and deliver the plans that they agree to. All efficiency savings will be used by organisations such as the Oxford University Hospitals NHS Foundation Trust to reinvest in services and deliver on their plans.

All systems have agreed breakeven financial plans for 2025/26, requiring £11 billion of efficiencies and other savings, or 7.1% of total allocation. While ambitious, NHS England has provided detailed efficiency and productivity support during 2025/26 planning and will continue to do so through a new finance improvement programme to ensure efficiency and financial plans are met without adversely impacting service delivery or patient care.

As of the second month, the trust reports that it is on track to deliver the efficiencies set out in their plan for 2025/26.