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UK’s Reeves announces 22.6 billion stg increase to health service budget

By Thomson Reuters Oct 30, 2024 | 9:08 AM

LONDON (Reuters) – British finance minister Rachel Reeves said that she would increase the day-to-day health budget by 22.6 billion pounds ($29.33 billion), a major uplift in spending on the state-run National Health Service.

“I am providing a 22.6 billion pound increase in the day to-day health budget and a 3.1 billion pound increase in the capital budget over this year and next year,” Reeves said in her first budget.

“This is the largest real-terms growth in day-to-day NHS spending outside of Covid since 2010.”

($1 = 0.7706 pounds)

(Reporting by Alistair Smout and David Milliken)