Home Business News Chancellor warned against a ‘scandalous’ £2 billion real-term cuts to the NHS

Chancellor warned against a ‘scandalous’ £2 billion real-term cuts to the NHS

5th Mar 24 10:06 am

Jeremy Hunt has been warned against real-term cuts to NHS funding as the strained health system could end up with a 1.2% cut in their day to day spending.

According to analysis by the Institute for Fiscal Studies (IFS), this could be the largest cut since the 1970s.

The Chancellor has been urged by critics to stop the “scandalous” spending cuts as there has been calls that public service funding must be prioritised over tax reductions.

The IFS warned that during the Spring Budget the Chancellor could cut spending by 2.4% in 2024/25 unless there is more funding of about £2.1 billion.

Liberal Democrat Treasury spokesperson Sarah Olney said, “What this Conservative Government is doing to our NHS is nothing short of scandalous. They have left health services shockingly underfunded and it is patients who are bearing the brunt of their neglect.

“The Chancellor must cancel these planned spending cuts to the NHS at the Budget. To push ahead with them would show that this Conservative Government does not understand the crisis that local health services are in and the unnecessary suffering they are putting patients through.

“The neglect of our NHS is holding back economic growth. Millions of people who want to work can’t as they simply cannot access the treatment they deserve. To fix our economy we must first fix our NHS.”

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