The health service is facing a £10bn black hole by 2020 as it struggles to make £22bn in planned efficiency savings, according to a new report.Analysis by the Chartered Institute of Public Finance and Accountancy (Cipfa) suggested quality of care could suffer and costs would be higher if the funding gap is not filled.
The report said the health service was facing new pressures since the Five Year Forward View was devised in 2014 and the additional £8.4bn in funding announced by the Government last year was being “used to plug short-term gaps”.
Trending
- US POSTAL SERVICE SUSPENDS INCOMING PACKAGES FROM CHINA, HONG KONG
- EU WANTS SWIFT TRADE TALKS WITH US TO AVERT TRUMP TARIFFS
- Nissan and Honda may call off merger talks
- CHELSEA LOAN OUT DISASI, CHUKWUEMEKA AND CHILWELL
- TRUMP DELAYS MEXICO TARIFFS AS BORDER SECURITY DEAL MOVES FORWARD
- TRUMP WANTS UKRAINE TO SUPPLY THE U.S. WITH RARE EARTH MINERALS
- TRUDEAU TO LIST CARTELS AS TERRORIST AND REINFORCE THE BORDER
- MILLIONS FACE COUNCIL TAX HIKES