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26 June 2012
This Trust has never had the opportunity to succeed due the crippling historical debt inherited from a private sector finance deal
GMB has reacted to the news that Andrew Lansley, Health Secretary is to call in administrators to break up South London Healthcare NHS Trust as a result of crippling levels of debt.
The Trust, which was formed as a result of a merger between Princess Royal University Hospital in Orpington, Queen Mary's Hospital in Sidcup, and the Queen Elizabeth Hospital in Woolwich, has carried a huge level of debt, ever since its creation, as a result of a large historical spend on an unsustainable private finance funded building programme.
The decision to call in the administrators could see services closed or sold off to the highest bidder, which will result in devastating consequences to both staff and patient care.
Rob Macey, GMB senior organiser said:
"The decision to call in administrators is nothing short of disgraceful. If the Trust is dissolved there will be devastating consequences for both patients and staff.
This Trust has never had the opportunity to succeed due the crippling historical debt inherited from a private sector finance deal.
It cannot be right that we have a Government that is prepared to bail out the banks but not our NHS. GMB is therefore calling on the Government to bail out this Trust to give it a chance to succeed."