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Portrait of the week

Portrait of the week: Theresa May unveils £20 billion in NHS spending

23 June 2018

9:00 AM

23 June 2018

9:00 AM

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Theresa May, the Prime Minister, said that spending on NHS England would increase by £20 billion a year by 2023. Some of the money would come from economic growth and a ‘Brexit dividend’, but more would come from taxes to be announced by the Chancellor at the next budget. Paul Johnson, the director of the Institute for Fiscal Studies, said that the divorce settlement with the EU and Britain’s commitments to replace EU funding had already accounted for ‘all of our EU contributions’ for the next few years.

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