Budget 2010 

22/06/2010 
In the emergency budget of the coalition Government, chancellor George Osborne today (22 June) announced £29.8bn savings from public sector current expenditure by 2015/16 and an increase in VAT to 20 per cent from January 2011.
Pounds coins 

NHS Confederation reaction

Responding, NHS Confederation acting chief executive Nigel Edwards said: "All NHS trusts are aware of the collective £15-20bn of efficiency savings that are required over the next five years.

"The pay freeze for public sector workers announced today will play its part in achieving this, but VAT increases mean a simultaneous rise in the cost of goods and equipment.

"The task for the whole NHS is now to respond to the challenge presented by the financial squeeze that lies ahead – but it will require decisions regarding redesign of services and improvements to the service we provide to patients.

"Although the NHS budget has been largely protected, it is likely that over the next five years cuts to other areas, such as local authorities, may impact on health expenditure. So although health spending will continue to rise year on year, all NHS trusts will find they are challenged to do more for the money they have." 

NHS Confederation briefings

Download our briefing for members which highlights the key points in the 22 June emergency budget.

And read our briefing for members on the revision to the Operating Framework for the NHS in England 2010/11.

Budget details

Visit the HM Treasury website for all the budget information.

 

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Contacts

Kate Ravenscroft
020 7074 3322
Kate.Ravenscroft@nhsconfed.org

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