An additional £38 billion is needed to improve the NHS and tackle the “shortfall” in funding by the end of the next parliament, the Health Foundation has revealed.
The think tank said that recent pledges made by Labour and the Conservatives have "fallen a long way short of this" so far. According to new analysis by the Health Foundation's REAL Centre, funding in England needs to increase by 3.8% per year in real terms over the next 10 years (which is broadly in line with the historic average) to meet rising care needs and deliver "significant" improvements to the NHS. This includes higher annual growth of 4.5% in the first five years as the NHS recovers from the Covid-19 pandemic and invests in modernising services. This adds up to an extra £46b...
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