Labour Pledges Additional £37 Billion of NHS Expenditure

The Labour party has indicated its intention to spend an additional £37 billion on the NHS in England over the next five years.

This investment will include £10 billion on upgrading key IT systems and repairing buildings.

Labour indicates that the plans will be funded by tax increases and capital borrowing.

Commenting on the matter, Jeremy Corbyn blamed NHS cyber attacks on Tory cuts, promising that a Labour government would result in a service “fit for the modern day”.

But the Tories strongly opposed Labour’s position, indicating that these nonsensical economic plans would ultimately mean less money for the NHS system.

There is no doubt that the NHS faces massive financial difficulties at present, with huge deficits being coupled with a greying population.

Several authoritative sources have already pointed to a major funding gap in the years to come, and many believe that the whole notion of a free at the point-of-access NHS is under threat.

Corbyn set out his party’s £37 billion “new deal” for the NHS in England at the Royal College of Nursing (RCN) conference.

Launching the scheme, Corbyn indicated that Labour would reduce waiting lists by one-million people, while setting ambitious new targets for Accident and Emergency and bed-blocking.

The party also believes that a huge amount of money can be saved by updating infrastructure, with £10 billion earmarked for this critical plank of the scheme.

Corbyn will claimed that the NHS will be “unrecognisable” after another five years of Conservative government, asserting that “only Labour will put the NHS back on its feet.”

A spokesman for the Conservative party strongly opposed the Labour spending plans, suggesting that they effectively make no sense whatsoever.

“Jeremy Corbyn can’t deliver any of this because his nonsensical economic policies would damage our economy and mean less money for the NHS, not more. Just look at Wales where Labour cut funding for the NHS.”

It should be noted that the spokesman stopped short of actually explaining why there would be less money for the NHS under a Labour government.

Meanwhile, the Liberal Democrats had previously indicated their intention to raise income tax in order to fund both the NHS and social care.

“You cannot solve the crisis in our NHS and social care services by simply imposing more top-down targets on staff and plucking numbers out of thin air. The Liberal Democrats are the only party with a fully costed plan to deliver £6bn more per year for the NHS and social care by putting a penny on income tax,” the party’s health spokesman Norman Lamb commented.

 

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