Tax rises on the horizon for NHS budget hike

Pharma Times

19 June 2018 - Prime Minister Theresa May has confirmed that tax rises will be necessary to help fund the planned NHS budget increase.

Closely following the revelation that the NHS’ budget would grow by £20.5 billion a year by 2023/24, equating to around £394 million extra a week, May shed further light on how the government would pay for the move.

“Taxpayers will have to contribute a bit more in a fair and balanced way to support the NHS we all use,” she said, and added that some of the increase will also come from the money no longer spent on annual EU membership subscription following Brexit.

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Michael Wonder

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Michael Wonder