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Won’t the new trust face an unrepayable amount of historic debt on its establishment?

April 26, 2017debt establishment Face historic Trust

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Won’t the new trust face an unrepayable amount of historic debt on its establishment?

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No. It was decided in December 2008 that the Primary Care Trusts (PCTs) in London would use surpluses generated in previous years to “write off” the historic debts faced by London’s NHS trusts. This means that the new trust will not inherit any historic debt.