NHS Grampian’s finances boosted by Brexit

Cash-strapped NHS Grampian’s coffers have been boosted by Brexit.

The plummeting value of the pound has helped increase the market value of the its investments by £2.7million in less than six months.

Dividends are often paid in dollars or euros and converted to sterling, health chiefs were told by investment managers Standard Life Wealth.

At the end of March – three months before the UK voted to leave the European Union – the portfolio was worth £42.1million.

But by the middle of last month that had risen to £44.8 million – with annual income estimated to be £1.69million.