Labour’s NHS Deception1 Nov 2024 21:26
More than half the £22 billion allocated to the NHS in the Budget will be soaked up by pay and pension rises, analysis suggests.
The Chancellor announced on Wednesday that the two-year boost for the health service represented the largest real-term growth in health spending since 2010, outside of the pandemic.
That includes an extra £10.4 billion for the NHS this year.
Treasury figures published alongside the Budget show that £7.1 billion of NHS spending in England in 2024-25 will be spent on pay and pension increases.
Still more is set to be paid out to cover the same pay rise the following year, with the figure set to exceed £14 billion, and that figure could still rise further.