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Theresa May’s plans to mark the 70th anniversary of the founding of the NHSwith a big cash boost will force the government to raise taxes, break its own budget rules or slash public spending elsewhere, according to the UK’s leading thinktank on the public finances.
Amid growing Westminster speculation that an NHS announcement would be made within the next month, the Institute for Fiscal Studies said the size of the health service meant that any meaningful increase in funding would create problems for Philip Hammond.
The chancellor, who has been having discussions with the health secretary Jeremy Hunt about how to fund an increase in NHS spending, is committed to balancing the government’s books by the middle of the next decade.
https://www.theguardian.com/busines...ay-faces-dilemma-over-nhs-cash-boost-says-ifs
Amid growing Westminster speculation that an NHS announcement would be made within the next month, the Institute for Fiscal Studies said the size of the health service meant that any meaningful increase in funding would create problems for Philip Hammond.
The chancellor, who has been having discussions with the health secretary Jeremy Hunt about how to fund an increase in NHS spending, is committed to balancing the government’s books by the middle of the next decade.
https://www.theguardian.com/busines...ay-faces-dilemma-over-nhs-cash-boost-says-ifs