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Exactly what are the financial freedoms that exist for Foundation Trusts e.g. on capital?

April 26, 2017Capital exist financial foundation freedoms trusts

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Exactly what are the financial freedoms that exist for Foundation Trusts e.g. on capital?

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A. Foundation Trusts are able to retain surpluses which they make and reinvest them in the development of services. They also have the ability to borrow capital and invest it to develop services without going through prolonged processes of approval to which an NHS Trust is currently subject.