Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • BSEC bars mutual fund investment in bank bonds.Will it deprive investors?
    • ‘Sip and Screen’ event at Orlando Health South Lake Hospital promotes Breast Cancer Awareness
    • Freetrade looks to shake up the mutual funds market
    • With volatility rising, investors look to options-based ETFs for balance
    • Ball raises funds for Airedale Emergency Department Appeal
    • Why These 2 Crypto ETFs Could Soar After the Sell-Off
    • Llandrindod Wells groups which may have land available for tree planting will be told of potential funds
    • 6 Ways To Identify the Right Investments Early, According to Experts
    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

    Ball raises funds for Airedale Emergency Department Appeal

    October 21, 2025

    Llandrindod Wells groups which may have land available for tree planting will be told of potential funds

    October 21, 2025

    Special Situation Funds rise as India’s next growth driver, turning stressed assets into opportunity

    October 21, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    ‘Sip and Screen’ event at Orlando Health South Lake Hospital promotes Breast Cancer Awareness

    October 21, 2025

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Bonds

    BSEC bars mutual fund investment in bank bonds.Will it deprive investors?

    October 21, 2025

    The Bangladesh Securities and Exchange Commission (BSEC) is restricting mutual funds and individual investors from…

    ‘Sip and Screen’ event at Orlando Health South Lake Hospital promotes Breast Cancer Awareness

    October 21, 2025

    Freetrade looks to shake up the mutual funds market

    October 21, 2025

    With volatility rising, investors look to options-based ETFs for balance

    October 21, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    TappAlpha debuts S&P 500 daily covered call ETF | ETF Strategy

    August 20, 2024

    Should investors take another look at a rebounding property sector? The INVESTING ANALYST

    July 22, 2025

    Best Mutual Funds: 7 sectoral funds with up to 33% annualised returns in 5 years – Money News

    October 30, 2024
    Our Picks

    BSEC bars mutual fund investment in bank bonds.Will it deprive investors?

    October 21, 2025

    ‘Sip and Screen’ event at Orlando Health South Lake Hospital promotes Breast Cancer Awareness

    October 21, 2025

    Freetrade looks to shake up the mutual funds market

    October 21, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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