'Perilous' NHS finances threaten jobs and patient care as trusts deficit reaches £780m

12 March 2026

Credit: Getty Images/TkKurikawa

By Storm Newton, PA

Many organisations in the health service face a “perilous” financial situation, with analysis finding that NHS trusts ran a deficit of more that three quarters of a billion pounds last year.

Experts said the Chancellor’s spring statement did not do enough to bring “financial pressures back into the balance” and warned that current spending does not match the government’s ambitions for the NHS.







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