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NHS: Finance

Question for Department of Health and Social Care

UIN 72394, tabled on 26 October 2022

To ask the Secretary of State for Health and Social Care, what recent assessment he has made of the potential impact of rising inflation on spending commitments within NHS Long Term Plan.

Answered on

9 November 2022

The government has and will continue to prioritise investment into the NHS.

Funding confirmed at the last Spending Review, on top of the historic long-term NHS settlement announced in 2018, means the NHS resource budget in England will increase to £162.6 billion in 2024-25, up from £123.7 billion in 2019-20.

With the announcement of the government’s Energy Bill Relief Scheme, and the release of £1.5 billion additional funding by NHS England to NHS systems in 2022-23, NHS organisations have been protected from the immediate impact of inflation.

The forthcoming Autumn Statement will set out the Government’s approach to public finances for future years. We will continue to work with NHS England to agree a budget and commitments for next year following the Statement.