Spring Budget 24: £3.4bn investment in NHS

Focus on digital transformation

Cameron Roberts
clock • 1 min read

Jeremy Hunt, Chancellor of the Exchequer, has announced £3.4bn investment in the National Health Service (NHS), aiming to modernise the productivity of the service.

The figure has been influenced by eider public services productivity, which is estimated to be 5.9% below pre-pandemic levels, according to Hunt. The aim of the modernisation is to cut the reported 13 million hours lost to administration. £1bn of the investment will be spent on transforming the use of data, reducing time on admin tasks, while a further £2bn will be invested to update "fragmented and outdated" IT systems. This doubling in investment for the NHS technological and digital transformation also includes an upgrade to vital MRI scanners, a roll out universal electronic patie...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on PMI

Six in 10 adults would choose PMI as top employer-funded benefit
PMI

Six in 10 adults would choose PMI as top employer-funded benefit

27% have self-funded treatment over the past five years

Jaskeet Briah
clock 10 September 2025 • 3 min read
Perci Health appoints medical director to support expansion
PMI

Perci Health appoints medical director to support expansion

Launch of new specialist clinics

Jaskeet Briah
clock 04 September 2025 • 2 min read
Private healthcare admissions hit second highest level in Q1 2025
PMI

Private healthcare admissions hit second highest level in Q1 2025

Insured admissions remain stable

Jaskeet Briah
clock 02 September 2025 • 3 min read