Party pledges on NHS funding ‘are falling short of what is needed’

None of the major political parties has pledged to provide the NHS with the money it needs to address current deficits, according to new research.

Analysis from the Nuffield Trust has analysed Conservative, Labour and Liberal Democrat plans for NHS funding outlined in their recent election manifestos, finding that all of them fail to reach even the lowest projection of possible future NHS spending patterns.

The NHS in England currently has a budget of 124 billion pounds, a total that was due to reach 126 billion pounds by May 2020 under the previous government's plans – equivalent to average annual funding increases of only 0.75 percent a year.

According to the Nuffield Trust, the NHS will actually require between 137 billion and 155 billion pounds by 2022-23 – higher than the Labour plans for a 135.3 billion budget, the Liberal Democrat pledge of 132.2 billion pounds, and the Conservatives' estimated 131.7 billion pound projection.

Report author Professor John Appleby, the Nuffield Trust's chief economist and director of research, said: "Spending as a proportion of GDP looks set to fall slightly whichever party forms the next government, unless additional funds can be found."

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