NHS told to dispose of more surplus land

Thu 27th November 2014, 9:40 am

Health secretary Jeremy Hunt has told the NHS it should dispose of over 7.5 billion of surplus land to reduce spending.

Selling off properties in London alone would amount to an annual saving of £1.5 billion, according to Hunt.

The health secretary said the NHS must make annual savings of at least £10 billion on its £110 billion budget.

NHS England chief executive Simon Stevens promised recently that the NHS is aiming to save £22 billion in annual costs.

In the wake of this news, property publication CoStar reports that NHS Property Services – a specialist property company in charge of managing land previously owned by primary care trusts – has launched a significant recruitment push to employ 19 new property managers.

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