Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Top 5 Equity Index Funds With up to 195% SIP Return in 6 Months: Rs 25,000 monthly investment in No.1 defence fund has skyrocketed to Rs 2,06,245
    • Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News
    • Capri Global Capital annonce que Quant Mutual Fund augmente sa participation dans la société à 5,96 %
    • Yilgarn Iron Investments Pty Ltd finalise l’acquisition du complexe Yilgarn Hub Iron Ore auprès de Mineral Resources Limited
    • Rs 6,000 SIP Vs Rs 6,00,000 Lump Sum: Which can generate a higher corpus in 30 years?
    • Jio BlackRock Mutual Fund makes debut with three debt scheme launches
    • L’intégrale de BFM Bourse du lundi 30 juin
    • BFM Bourse : 17h/18h – 30/06
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Rachel Reeves urged to ringfence NHS funding on illness prevention | Health policy
    Funds

    Rachel Reeves urged to ringfence NHS funding on illness prevention | Health policy

    October 20, 2024


    Rachel Reeves is being urged to use next week’s budget to ringfence health spending on prevention so it is protected from cuts when money is tight.

    A letter sent to the chancellor by a leading health charity, thinktanks and the body that represents accountants says carving out a new category of preventive spending would mean a healthier population and save the NHS money.

    The letter, seen by the Guardian, welcomes Labour’s emphasis on prevention but says there has been a long history of previous administrations making similar pledges only for services that affect health outcomes to become a casualty of pressures on day-to-day budgets and a victim of short-term thinking.

    Analysis by the Health Foundation – one of the signatories to the letter – showed that in the five years leading up to the pandemic (2014-19) spending on hospitals rose by 10%. The share of health spending devoted to prevention fell by 10% during that period.

    Anita Charlesworth, the Health Foundation’s chief economist, said there needed to be a shift “so we are spending more on prevention and less of failure”.

    Charlesworth said that a report by the independent Office for Budget Responsibility on the fiscal risks facing the UK had found that extra spending on prevention would lead to increased spending on the state pension but higher tax revenues, lower spending on welfare and less pressure on the NHS budget.

    “A healthier population would be really beneficial to the public finances,” she said.

    The letter, also signed by the thinktank Demos, the Institute for Government and the accountants’ body Cipfa, says public policy “is littered with examples of prevention spending being cut to provide short-term funding to patch up frontline services, and there is too little incentive to invest in services that deliver long-term benefits”.

    It cites evidence from the record of the Conservative governments after 2010, which cut spending on youth services and the Sure Start scheme for families with children under five despite evidence that they were having good long-term effects. Research by the IfG found that local authority spending on these services was cut by more than three-quarters between 2009 and 2023, while spending on looked-after children and safeguarding services rose by more than half over the same period.

    “Current fiscal frameworks do not distinguish between spending on acute services and prevention, despite the evidence that investment in prevention can deliver a greater long-term return,” the letter says.

    “Given the significant pressures on the public finances, the risk is that prevention spending will continue to be squeezed out in favour of meeting short term needs, undermining the government’s commitment to taking a long-term, prevention-led approach to improving public services.”

    Reeves has made clear that she intends to change the rules governing the public finances to allow her to borrow more to invest in capital projects, a move designed to deliver stronger growth.

    skip past newsletter promotion

    Sign up to Business Today

    Get set for the working day – we’ll point you to all the business news and analysis you need every morning

    Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our Privacy Policy. We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply.

    after newsletter promotion

    All Whitehall ministries are given departmental expenditure limits by the Treasury, but the letter calls for a new category of spending – preventive departmental expenditure limits – in which prevention would sit alongside day-to-day spending and capital investment, enabling the government to identify and track spending.

    “Strengthening the fiscal framework would enable the Treasury to better hold government departments to account for long term investment in prevention, and support mission-driven government by ensuring that this money is used to transform services”, the letter says. “Without this, we fear the government’s good intentions to promote prevention may once again fall by the wayside.”

    A Department of Health and Social Care spokesperson said: “Our 10-year health plan will reform the NHS by shifting its focus from sickness to prevention.

    “We’re introducing measures to ban junk food adverts targeted at children, as well as new NHS health checks to catch health problems earlier and prevent them worsening.

    “Our tobacco and vapes bill will stop future generations from becoming hooked on nicotine and finally make Britain smoke-free.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Les Fonds Lysander lancent de nouveaux fonds d’actions canadiennes

    June 27, 2025

    Auris Gestion dévoile un fonds investissant majoritairement dans la BITD européenne

    June 27, 2025

    Assurance vie : ce fonds d’infrastructures Swiss Life rencontre un franc succès

    June 25, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Top 5 Equity Index Funds With up to 195% SIP Return in 6 Months: Rs 25,000 monthly investment in No.1 defence fund has skyrocketed to Rs 2,06,245

    July 1, 2025

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018

    Quel est le rôle du service des impôts des particuliers (SIP) ?

    May 7, 2020
    Don't Miss
    Mutual Funds

    Top 5 Equity Index Funds With up to 195% SIP Return in 6 Months: Rs 25,000 monthly investment in No.1 defence fund has skyrocketed to Rs 2,06,245

    July 1, 2025

    Top 5 Equity Index Funds With up to 195% SIP Return in 6 Months: Mutual…

    Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News

    June 30, 2025

    Capri Global Capital annonce que Quant Mutual Fund augmente sa participation dans la société à 5,96 %

    June 30, 2025

    Yilgarn Iron Investments Pty Ltd finalise l’acquisition du complexe Yilgarn Hub Iron Ore auprès de Mineral Resources Limited

    June 30, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Charter Hall augmente sa participation dans Hotel Property Investments -Le 07 janvier 2025 à 01:30

    January 6, 2025

    SM Investments annonce une augmentation des dividendes versés aux actionnaires à 13 pesos par action pour 2025

    April 30, 2025

    Lubbock City Council Calls $103 Million Streets Bond Election — The Amarillo Pioneer

    August 15, 2024
    Our Picks

    Top 5 Equity Index Funds With up to 195% SIP Return in 6 Months: Rs 25,000 monthly investment in No.1 defence fund has skyrocketed to Rs 2,06,245

    July 1, 2025

    Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News

    June 30, 2025

    Capri Global Capital annonce que Quant Mutual Fund augmente sa participation dans la société à 5,96 %

    June 30, 2025
    Most Popular

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.