NHS: Finance
(asked on 19th June 2018) - View Source
Question to the Department of Health and Social Care:
To ask the Secretary of State for Health and Social Care, what the (a) cash sum and (b) real terms increase in NHS funding is planned to be for (i) 2018-2019, (ii) 2019-2020, (iii) 2020-2021, (iv) 2021-2022 and (v) 2022-2023.
My Rt. hon. Friend the Prime Minister has announced a five-year funding agreement which will see the National Health Service budget grow by over £20 billion, in real terms, by 2023-24. The planned resource budgets for NHS England; and what these amount to as additional funding in real terms, are included in the following table. These planned increases will be confirmed at a future fiscal event, subject to an NHS plan that meets the tests we have set out.
Planned NHS England resource budgets, 2018-19 to 2023-24
NHS England Resource Departmental Expenditure Limit (excluding depreciation) | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 |
New nominal budget (£ billion) | 114.60 | 120.55 | 126.91 | 133.15 | 139.83 | 147.76 |
Cumulative real growth (2018/19 prices) (£ billion) |
| 4.1 | 8.3 | 12.1 | 16.1 | 20.5 |
Real growth (%) |
| 3.6% | 3.6% | 3.1% | 3.1% | 3.4% |
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Plus pensions funding (£ billion nominal) |
| 1.25 | 1.25 | 1.25 | 1.25 | 1.25 |
Revised new nominal budget (£ billion) | 114.60 | 121.80 | 128.16 | 134.40 | 141.08 | 149.01 |
This breakdown can also be found at the following link:
https://www.gov.uk/government/news/prime-minister-sets-out-5-year-nhs-funding-plan