Spending review: NHS budget up just 0.1%

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The government has barely maintained its commitment to protect the NHS budget and increase spending over the next four years.

However social care has received a £2bn boost from the coalition's spending review. With NHS spending set to rise from £104bn this year to £114bn by the end of 2014/15 this equates to approximately a 0.1% increase above inflation. Despite upholding its promise, the NHS will still be subject to a targeted £20bn of efficiency savings, demands of higher productivity, and with medical inflation running far higher than consumer inflation, it is likely the squeeze will be felt further. Making the announcement, Chancellor George Osborne said that the government had deliberately chosen to ...

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