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Debt interest has grown as a proportion of government spending in the last few years as a result of rising interest rates, and increased debt due to primarily to the cost of the Covid pandemic. [10] In financial year 2018-19, debt interest was £43 billion - around 5% of total government spending [11] compared to around 10% in 2023-24.
The NHS has been handed a huge £22.6bn boost in Rachel Reeves’ first Budget – but experts have warned that funding for social care falls short.. Labour’s historic budget will see spending ...
In the Budget, Chancellor Rachel Reeves announced what she called the biggest real-terms increase in day-to-day NHS spending since 2010 – outside the Covid pandemic – providing £22.6 billion ...
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The 2018 OECD data, which incorporates in health a chunk of what in the UK is classified as social care, has the UK spending £3,121 per head. [13] Healthcare spending as a share of the gross domestic product (GDP) has increased since 1997, where it was 6.8 per cent. By 2019, healthcare expenditure in the UK amounted to 10.2 per cent of GDP.
Pie chart of UK central government expenditure, 2009–10. Social Protection is shown in orange, health in red, education in grey, and personal services in light blue. The welfare state represents around two-thirds of total government spending. [needs update]
The 2024 presidential election is weeks away, and healthcare is expected to be a key issue for voters as they head to the ballot box.. The overall cost of healthcare remains a major problem ...
By 2015-16 expenditure on PHBs was estimated at £123 million per year, just over 0.1% of NHS spending. The number of people with a budget was 4,800, so the average package costs £25,600. PHBs have been targeted on people with most significant needs, generally people on continuing care packages.