Lancashire Teaching Hospitals NHS Foundation Trust needs to make savings during this financial year.
Lancashire Teaching Hospitals NHS Foundation Trust , which runs the Royal Preston and Chorley and South Ribble hospitals, is aiming to deliver the savings during the current financial year.
However, chief executive Silas Nicholls and chairman Peter White warned that in the short term, there were "a number of additional controls around vacancies, agency and bank spending and tight restrictions on non-pay and discretionary pay items which will be challenging for our colleagues".
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