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

UK
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income NewsForeign Exchange NewsPolitical Market News

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."
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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."