NHS England: Financial Directions

Tuesday 26th March 2024 Written Statements

[The Minister for Health and Secondary Care (Andrew Stephenson)]

The Under-Secretary of State for Health and Social Care, my noble Friend Lord Markham, has made the following written statement:

“I am revising the 2023-24 financial directions to NHS England made on 30 March 2023 and setting the 2024-25 financial directions to NHS England. The amendment to the total revenue resource use limit for 2023-24 has been agreed with NHS England as required under section 223D(4) of the National Health Service Act 2006.

The directions include a number of transfers of funding between the Department of Health and Social Care and NHS England that are in addition to the headline spending review/autumn statement settlement for the NHS. This includes the outcome of the supplementary estimates process and the spring Budget 2024. Funding is being transferred for the voluntary scheme for branded medicines pricing, access and growth (VPAG), the covid-19 vaccination programme, 2023-24 pay awards, as well as to fulfil manifesto commitments on primary care, car parking and nursing recruitment.

The directions will be laid in Parliament and published on gov.uk. The existing NHS mandate remains unchanged by these publications.”

[HCWS388]