Chancellor Rachel Reeves announced a £22.6 billion boost to the NHS day-to-day budget, alongside a £3.1 billion capital increase through next year. Outlining plans, Reeves said the Government will publish a 10-year NHS strategy focused on community care, digital transformation, and prevention. This investment aims to achieve 2% productivity growth, marking the NHS’s largest real-terms budget increase since 2010 outside of Covid spending. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00I come to our most cherished public service of all, our NHS. My right hon. Friend the
00:07Health Secretary is beginning to repair the damage of the last 14 years. In our first
00:14week in office, he commissioned an independent report into the state of our health service
00:19by Lord Darzi. Its conclusions were damning. While our NHS staff do a remarkable job, and
00:28we thank them for it, it is clear that in so many areas we are moving in the wrong direction.
00:36In the spring, we will publish a 10-year plan for the NHS to deliver a shift from hospital
00:43to community, from analogue to digital, and from sickness to prevention. Today, we are
00:51announcing a down payment on that plan to enable the NHS to deliver 2% productivity
00:57growth next year. Because of the difficult decisions that I have taken on tax, welfare
01:04and spending, I can announce that I am providing a £22.6 billion increase in the day-to-day
01:12health budget and a £3.1 billion increase in the capital budget over this year and next.
01:23This is the largest real-terms growth in day-to-day NHS spending outside of covid since 2010.