Hospitals' debt

PUBLISHED: 12:47 26 January 2006 | UPDATED: 20:19 03 May 2010

SIR, - In your Editor's Comment (Herts Advertiser, January 19), you said that the health trusts in Herts and Beds were heading for a £100-million deficit. This raises the question: Whom do they owe money to? Since suppliers and staff are still being paid,

SIR, - In your Editor's Comment (Herts Advertiser, January 19), you said that the health trusts in Herts and Beds were heading for a £100-million deficit. This raises the question: Whom do they owe money to? Since suppliers and staff are still being paid, then the "debt" is simply the difference between the real cost of running the hospitals and the amount of money that the Department of Health had budgeted. Perhaps instead of cutting staff and cutting the pay of catering staff, the Department should have sacked those responsible for drawing up the budgets. It is also an interesting point that in the national budget, billions of pounds more are spent than are collected in taxes. Nobody calls this gap in finances a debt. IOUs - or Treasury bonds - are issued by the Government and banks and insurance companies are forced to buy them. R.E. DURRANT, Park Avenue, St Albans.

Become a supporter

This newspaper has been a central part of community life for many years, through good times and bad. Coronavirus is one of the greatest challenges our community has ever faced, but if we all play our part we will defeat it. We're here to serve as your advocate and trusted source of local information.

In these testing times, your support is more important than ever. Thank you.

Most Read

Most Read

Latest from the Herts Advertiser