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Government Announces Major NHS Funding Boost as Part of Autumn Budget 2024 - P4H Network

Government Announces Major NHS Funding Boost as Part of Autumn Budget 2024

The UK government, led by Chancellor Rachel Reeves, has confirmed its plan of action for the extra billions allocated to the NHS in the Autumn Budget 2024. This day-to-day health budget increase is the largest boost of its kind since 2010, excluding the Covid-19 years.

As reported by journalist Louis Morris of National Health Executive, the government announced of its investment to deliver 40,000 more elective appointments every week. Since the new government took office, £1.8 billion has already been invested in this area. Increased appointments are seen as key to reducing waiting times. Health Secretary Wes Streeting emphasized that nobody should wait longer than 18 weeks from referral to treatment.

In the days leading up to the budget announcement, the treasury unveiled £1.5 billion in funding for surgical hubs, designed to build capacity for over 30,000 additional procedures and more than 1.25 million extra diagnostic tests. At the same time, £70 million was allocated for new radiotherapy machines to boost cancer treatment to double the number of cancer scanners across the country.

The government has also committed to investing more than £2 billion in modernising NHS technology and improving digital infrastructure to enhance productivity and save staff time. A British Medical Association (BMA) report highlighted that doctors in England lose more than 13.5 million hours a year due to inadequate IT systems. The technology upgrades are expected to significantly reduce this loss.

In the Autumn Budget, more than £600 million will be directed to local governments to support social care, a sector many believe has been neglected for too long. Additionally, £26 million has been ringfenced for new mental health crisis centres, as it was said 350,000 people have been waiting for over a year to access mental health services.

A dedicated capital fund will also deliver 200 upgrades to GP surgeries across England. Furthermore, £460 million will be used to improve the UK’s pandemic preparedness, including replenishing PPE supplies, securing vaccines and medicines, and investing in high-containment laboratories to strengthen infrastructure against future health emergencies.

This comprehensive funding plan aims to modernize healthcare services, improve access, and boost productivity, delivering on Labour Party’s key health pledges.

Reference
Louis Morris, National Health Executive, How will the new NHS funding be spent?, nationalhealthexecutive.com, UK Government, 31 Oct 2024
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