Autumn Budget 2021: Industry reactions

NHS funding and Universal Credit change

John Brazier
clock • 4 min read
Credit: HM Treasury
Image:

Credit: HM Treasury

The protection and health insurance industry voice their reactions to announcements regarding NHS funding and a change to the Universal Credit taper rate in the Autumn Budget.

One of the keynote announcements previewed before yesterday's Autumn Budget and Spending Review (27 October) was a £5.9billion investment in the NHS to tackle the current backlog for testing and elective treatments. Delivering his address, the House of Commons, Chancellor Rishi Sunak detailed that total spending on healthcare was set to increase by £44bn to £177bn by the end of the current parliament. Responding to the budgetary announcements, chair of the Association of Medical Insurers and...

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