Autumn Budget 2021: £5.9bn allocated to clear current NHS backlogs

Around 5.7m waiting for hospital treatment

clock • 2 min read

Chancellor Rishi Sunak has confirmed a further £5.9 billion in funding for the NHS to tackle the immediate backlog of those awaiting treatment as part of the Autumn Budget.

Initially announced on Sunday (24 October), the new funding aims to reduce to the current waiting list for NHS treatment, which stands at a record 5.7 million people, with the objective of increasing elective activity by 30% by 2024-25 compared to pre-pandemic levels. Spending Review 2021: Improved growth and 'scarring' forecasts boost spending but Sunak tightens borrowing rules Detailed within the Autumn Budget and Spending Review, the funding will be provided to address the backlog waiting for tests and scans, as well as improving and purchasing new equipment and technologies, rathe...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot