HOSPITAL bosses are turning to the London Stock Exchange to boost income for patient services.
Burnley Health Care NHS Trust, which delivers hospital and community care services in the area, also runs a charitable fund which invests donations to get maximum returns.
The trust's annual report shows that the value of the fund now stands around the £1million mark and says that most of it is invested in stocks and shares, with dividends received boosting the overall fund. The report, from finance director David Meakin, says that over the past year nearly £500,000 was received in new charitable income, most of it in the form of legacies and donations from the public.
During the year £491,000 of fund cash was spent on patient and staff welfare and amenities and hospital equipment.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article