Motion text
That this House notes the proposals from the Bradford Teaching Hospitals NHS Foundation Trust to set up a subsidiary company; expresses concern that the business plan estimates that of the £15 million expected extra income to the Trust in the first five years of the operation of the company, over £10 million is related to savings on VAT with a consequential loss to the public purse; believes that any projections of extra income from new business beyond that period must be considered highly speculative; notes guidance from the Department of Health and Social Care that states that Trusts should not look to create a wholly-owned subsidiary for the primary purpose of avoiding tax or use it as a key driver for exploring the use of this organisational form; and calls on Bradford Teaching Hospitals NHS Foundation Trust to pause their proposals forthwith.
Signatures (6)
The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.
There are no withdrawn signatures for this motion.