January 27, 2023

NHS investment boosts wider UK economy!

Each £1 spent on health generates £4 of growth for the wider economy as there has been increasing workforce numbers after the post-pandemic drop in GDP. The health services are battling rising inflation, high energy costs and the prospect of further spending reduction as the government have enforced the “fiscal discipline” due to the setting of Kwarteng’s mini budget. Post the era of high sickness levels causing absences great investment in the NHS is needed to reduce the treatment backlog but also the allowing an increase in people able to work. From the 2015-2020 data comments were made that : “the link between an effective healthcare system and a high performing economy” was underscored by the fact that “those who were not currently working are far more likely to report poor health than those who are still in work”.

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How will the government respond to these claims and is it uncommon to think nothing will be done?

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