So long as it could rely on the IMF's tutelage and had a real hope of EU membership, its course was fixed.

ECONOMIST: Anchors aweigh

The faulty system (which the company says has now been fixed) persuaded Oxford to take too rosy a view of its financial position, overestimating its revenues and membership and underestimating how much it owed to doctors and hospitals.

ECONOMIST: Oxford Health Plans: The harder they fall | The