Coventry University Hospital confirms £25m budget cut

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Coventry University Hospital says it hopes to avoid redundancies even though it has confirmed a cut of £25m to its annual budget.

A further £16m will also have to be saved in 2011/12, chief executive Andy Hardy told BBC News.

He said that while there is no planned redundancy programme, there could well be fewer staff at the hospital in two years.

The hospital's annual budget is £465m, he added.