Mental health trust "working" to reach stable finances

Board members have been told CPFT should reach a break-even position.

The Cambridgeshire and Peterborough NHS Foundation Trust (CPFT) delivers mental health and social care services, and is responsible for Fulbourn Hospital.

Earlier this year, the trust announced that it was facing a £8.8million deficit.

This was down to overspends on agency staff costs and area placements, as well as rising costs due to inflation.

Scott Haldane, interim head of CPFT:

Scott Haldane, the interim chief executive, highlighted the trust’s “financial context” and said it was working on moving “back into a more resilient and stable financial position”.

Mr Haldane said the trust had also recently been visited by the Care Quality Commission (CQC).

He told the meeting that while the full results of the visit had not yet been shared, he said initial feedback from the CQC had been “positive”.

Now, board members have been told that the deficit has been reduced to £800,000 following additional funding support from the Cambridgeshire and Peterborough Integrated Care System.

Officials say the trust is expecting to reach a break-even position.