The King’s Fund – Senior Clinical Leaders Programme

I’ve worked with The King’s Fund for many years, delivering the finance elements of their board and senior leader programmes across the country, including for medical directors and GP commissioners. It was a pleasure to present the Senior Clinical Leaders Programme for The King’s Fund. It’s fascinating to look at how little we all know about the workings of the UK economy and to compare that to our knowledge of the economic workings of our own individual NHS organisations.

The Treasury YouTube channel contains short but fascinating excerpts from speeches, notable figures and research into taxpayer knowledge.

Balance of Payments
The Balance of Payments problem the UK has suffered for many years in shown in the latest Office for National Statistics ONS figures:

Statistical bulletin: Balance of Payments, Q4 2013 pdf

Key points

The United Kingdom’s (UK) current account deficit was £22.4 billion in Quarter 4 2013, down from a revised deficit of £22.8 billion in Quarter 3 2013. The deficit in Quarter 4 2013 equated to 5.4% of GDP at current market prices, down from 5.6% in Quarter 3 2013.
The trade deficit narrowed to £5.7 billion in Quarter 4 2013, from £10.0 billion in Quarter 3 2013.
The income deficit increased to £10.3 billion in Quarter 4 2013, from £5.9 billion in Quarter 3 2013.
The financial account recorded net inward investment of £23.6 billion during Quarter 4 2013.
The international investment position recorded UK net liabilities of £21.2 billion at the end of Quarter 4 2013.
In 2013, the UK’s current account deficit was £71.1 billion.

Here’s a great YouTube presentation from the ONS which explains the Balance of Payments deficit on the UK’s Current Account:

The Budget
This short video explains why the Treasury holds a Budget each year. It includes archive footage of six former Chancellors on Budget day:

Budget 2014 – a link to the Budget
Budget 2014: documents – the Budget in full

OECD Health Report 2013

OECD Health Data – Health at a Glance 2013
OECD Health Data 2013 – How Does the United Kingdom Compare

Office for National Statistics
Expenditure on Healthcare in the UK, 1997-2012 PDF

Presentation
2014-06-25 Senior Clinical Leaders Programme – Big Numbers from the workshop PDF

Many thanks to all who attended.

Phil Cunnington on “Brilliantly engaging! Who knew NHS Finance could be fun? Really clever and straightforward explanations of previously elusive financial and economic jargon. Thanks!” – Clinical Directors’ Programme – The King’s FundAn exceptional presentation which made the rather complex and mysterious world of NHS finance clearer. Gave a view of finance and the need to engage with all parties that should be a prerequisite for any clinical and manager.
Sophia on “David is an exceptional trainer. His Making the Business Case is worth the time investment. He is logical, convincing, authentic and an expert in the subject.” – Making the Business Case – NottinghamThank you David again for the training on Making the Business Case - I have will be distributing my learning to our team to use in future Business Case Development. It was a fantastic day!
Jamie on “David is an exceptional trainer. His Making the Business Case is worth the time investment. He is logical, convincing, authentic and an expert in the subject.” – Making the Business Case – NottinghamThank you David for making the "Making the Business Case" training informative and structured. I really enjoyed this course and I have already started using knowledge from your training in my day to day role. Thank you
Jeff on The Budget Holder’s Survival GuideGreat course in Derby. I go to a lot of these sorts of training sessions. This session wasn't remotely dry despite the subject matter. Kept us engaged and interested throughout. Very informative, very well facilitated. Will be recommending to others.
Lynda Furness on ”Great interactive course. Simple to understand and relevant.” – Report Writing – NottinghamDavid Thank you for a great day on report writing course
Suzanne Taylor on “Yet another excellent course. Very informative and practical.” – Making the Business Case – CambridgeNHS budget holders guide, delivered in an easy to understand way, with humour thrown in for good measure.
Carole on The NHS Budget Holder’s Survival Guide – BookDear David Is there an updated version of the NHS Budget Holders Survival guide? The only version I can find was published in 2002 ( Amazon).
Mohamed Amin on “Yet another excellent course. Very informative and practical.” – Making the Business Case – CambridgeDear David, Thank you for yet another thought stimulating course. I was very impressed by your approach on the course last year, hence attended again. Your analytical skills and the way you teach them are highly appreciated. I have never ever been taught (including on my MBA), how to do a SWOT analysis in the way you taught us on the course.
Onika Patrick-Redhead on “Yet another excellent course. Very informative and practical.” – Making the Business Case – CambridgeNot only did I value the course I felt that David really connected and delivered a fantastic session, it was detailed and informative. I would recommend his course. Step by step on how to do an efficient business case.

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