Notes to editors
- For further information or interviews, please contact The King’s Fund press and public affairs office on 020 7307 2585, 020 7307 2632 or 020 7307 2581. An ISDN line is available for interviews on 020 7637 0185.
- The King’s Fund has produced coverage on the Budget and what it means for the NHS now and from 2011 onwards. Some key facts include:
- The NHS in England has enjoyed unprecedented increases in funding in recent years – today’s budget is £61 billion more than it was in 1997/8. This is equivalent to a real-terms increase of more than £34 billion.
- The NHS will have to make additional savings of £2.3 billion in 2010/11, taking the budget from a planned £104.6 billion to £102.3 billion. Combined with efficiency savings already required of the NHS by the 2007 spending review, this £2.3 billion brings the total required efficiency savings for the NHS to £10.5 billion over this spending review period (2007/8 – 2010/11).
- The increases in funding allocations for primary care trusts (PCTs) – which make up 80 per cent of the NHS budget – for this year and next year (2009/10 and 2010/11) will remain at 5.5 per cent. This was already set out in the Operating Framework 2009/10.
- £800 million of the £1.8 billion surplus the NHS has carried over to the 2009/10 financial year will be reinvested in frontline services up until the end of 2010/11 (£400 million each year).
- The average amount in real terms at which spending across the whole public sector is now forecast to grow from 2011 will be 0.7 per cent, rather than the 1.1 per cent per year anticipated in the 2008 pre-Budget report.
- The King’s Fund is a charity that seeks to understand how the health system in England can be improved. Using that insight, we help to shape policy, transform services and bring about behaviour change. Our work includes research, analysis, leadership development and service improvement. We also offer a wide range of resources to help everyone working in health to share knowledge, learning and ideas.