Recession. When good times turn bad.
The 1973-74 recession meant the government was forced to cut public spending and a hospital building programme was curtailed. In the 1990s there was "desperation" in the health service at being under-resourced. Managers today are advised to prepare now for lower resources, although improved financial management should mean the NHS is better able to cope than in previous years.
Cowper
Andy
A
D004467:Economics / Q000266:history*; D005380:Financing, Government / Q000191:economics*; D049673:History, 20th Century; D013222:State Medicine / Q000191:economics*; D006113:United Kingdom