£20 Billion Funding: Birthday Present for NHS’s 70th Anniversary
NHS 70th Anniversary : British Prime Minister Theresa May has announced that NHS England will receive a special 70th anniversary gift in the form of £20 billion a year in funding.
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This funding boost means that the £114bn budget will rise by an average of 3.4% per year.
The prime minister stated that this will be partly funded by some kind of “Brexit dividend” but there are some hints that there are going to be some tax rises.
“As a country we will be contributing more, a bit more, but also we will have that sum of money that is available from the European Union,” Prime Minister May said in a BBC interview.
However, The Labour Party claims that the UK government had failed to fund the NHS properly and was relying on a “hypothetical” windfall.
Shadow health secretary Jonathan Ashworth said Labour’s taxation plans meant his party could match the Conservatives’ spending plans and “will go further”.
This five -year funding only covers front-line budgets controlled directly by NHS England. In reality, other bodies handle about a 10th of the overall health budget where they create programs such as obesity prevention and smoking cessation.
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