Free Trial

Spending On Education, Social Care, NHS Up; Hints At Council Tax Rises

UK

Chancellor Jeremy Hunt: " I can announce today that next year and the year after, we will invest an extra £2.3bn per year in our schools."

  • On social care spending: "I have therefore decided to allocate for adult social care additional grant funding of £1bn next year and £1.7bn the year after. Combined with the savings from the delayed Dilnot reforms and more council tax flexibilities, this means an increase in funding available for the social care sector of up to £2.8bn next year and £4.7bn the year after."
  • On NHS spending: "I will increase the NHS budget, in each of the next two years, by an extra £3.3 bn."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.