NHS: Finance

(asked on 18th June 2018) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government whether their recently announced plan to increase the NHS budget by £20 billion by 2023 would require an increase in taxation; and if so, which taxes would be affected.


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 2nd July 2018

On 18 June, the Prime Minister set out that the NHS in England will receive an increase in funding over the next five years that equates to over £20 billion additional real terms funding a year by 2023-24.

We need to ensure we can sustainably fund our NHS and other public services in the future, but we can’t just pass on extra debt to the next generation.

So, as the Prime Minister said on 18 June, taxpayers will have to contribute a bit more in a fair and balanced way to support an NHS that we all use. The Chancellor will set out further details in due course.

Reticulating Splines