Latest Issue

After years of austerity, where are hospitals most struggling?

Finance leaders in the NHS have set out a painful list of cost-cutting measures they are having to consider

By Richard Murray  

File photo dated 03/10/14 of a nurse on a ward at a hospital. The number of nurses and midwives leaving the profession has risen by 13% over the last year, prompting fears the NHS is facing "major challenges" to retain staff.

The NHS is now in its eighth year of austerity and it is no surprise that our latest Quarterly Monitoring Report finds it stuck in a Groundhog Day of deficits and slipping financial plans. The risks were always high that a continued malaise on finance would begin to damage patient care (rather than just the Chancellor’s fiscal forecast) and the evidence is that this is indeed happening. But where is the pressure on hospitals greatest? And what must be done to relieve it?


Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect