• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home News

NHS Trust paying millions to King’s estate forced into sweeping job cuts

"It’s naked greed. It’s a royal rip-off", Norman Baker said.

Jack Peat by Jack Peat
2024-11-05 14:45
in News
Richard Pohle - WPA Pool/Getty Images

Richard Pohle - WPA Pool/Getty Images

FacebookTwitterLinkedinEmailWhatsapp

An NHS Trust which has been contributing tens of millions of pounds to the King’s coffers has been forced to make sweeping job cuts in order to survive.

An investigation by Channel 4’s Dispatches and the Sunday Times revealed the King’s Duchy of Lancaster estate agreed to store electric ambulances owned by Guy’s and St Thomas NHS Trust in its warehouses at a cost of £11.4 million over 15 years.

The leasing deal reportedly shows that the rent has increased by 67 per cent above the £15 per square foot paid by the Metropolitan Police, the previous tenant of the Duchy’s warehouse.

It has come as a bitter blow for the cash-strapped central London NHS Trust, which is preparing to make sweeping job cuts.

According to reports, a whopping 58 per cent of the roles in the facilities and capital development team will have to be culled to save cash.

The Unite union is threatening to strike over the trust’s plans to reduce the number of roles in the team responsible for transport and construction projects from 154 roles to just 64.

Unite’s general secretary Sharon Graham said the hospital had been “acting disgracefully towards its workers who are vital to keep its hospitals functioning”.

Norman Baker, author of And What Do You Do?, a book on royal finances, added: “The increase [in rent charged to the NHS trust] shows they are mercenary about extracting every last penny they can. It’s naked greed. It’s a royal rip-off.”

A spokesperson for Guy’s and St Thomas NHS Foundation Trust declined to comment on the rental deal with the King’s estate.

RelatedPosts

US embassy in Israel damaged in fresh Iran air strike

Trump issues chilling warning to Iran after Israel attacks nuclear sites

Passenger video shows ‘nothing was working’ on Air India flight before crash

Question Time audience member hits out at Reform ‘BS’

The spokesperson for the NHS trust said it was still consulting on the planned job cuts. “We are committed to working in partnership with our trade unions, and will address any issues raised with us through the appropriate channels.”

Related: The Royal Family is charging the RNLI to launch their boats

Tags: King CharlesNHS

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Malta: A country leading in both travel and acceptance ← Ivanka Trump posts ‘life lessons’ thread and it’s absolutely nuts
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->