A recent report has warned that the financial difficulties of England might extend to another ten years leaving behind the country with economic difficulties and surging unhappiness among the families. The report has further postulated that the NHS would be required to impose serious cuts in the budget till 2017.
Moreover, in the coming years, the funding for public services would also be cut by 2.3%. The shocking effect would be seen on the budget of the NHS. It is believed that in the coming four years, serious cuts would be imposed which might leave the NHS damaged.
About 23% of the public service spending is utilized towards the NHS. As the authorities are planning to impose cuts on the public services, the NHS would be largely affected. In the report, it has been further postulated that the damages incurred on the NHS would take a long time span to recover.
The Chief Economist from Nuffield Trust, Anita Charlesworth, said, “Asking the NHS to take a more equal share of the pain across the public services amounts to an unprecedented productivity challenge”. She has suggested that increasing the taxation and other revenue sources could help in doing away with the NHS cuts.
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