'Cash may runout' warning

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Yorkshire Trust and North Lincolnshire Primary Care Trust. Nationally the NHS ran more than 500m into the red, prompting trusts to cut services to balance the books.

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Business leaders – who back the need for tough action to reduce the 156bn deficit – warn against going too far.

Nick Pontone, policy director of Yorkshire and Humber Chambers of Commerce, said: “Cuts should be significant but not indiscriminate and there must a ‘golden thread’ running through each individual decision which prioritises spending which ultimately boosts long term economic growth and the most essential public services.”