Trusts welcome 'temporary respite' following NHS funding boost

06 March 2024

Responding to the Budget statement, the chief executive of NHS Providers, Sir Julian Hartley said:

"The chancellor had a key opportunity to put NHS finances back on track today after a year in which high inflation, disruptive industrial action, and rising demand for care have left gaping holes in trust budgets. After dire warnings of NHS spending cuts earlier this week, today's announcement of an extra £2.5bn for day-to-day NHS spending will offer much needed but temporary  respite from these financial pressures.

"Leaders across the NHS want nothing more than to provide high-quality patient care and improved services.

"But to do this, they need to see long-term, multi-year investment in the health service which allows health leaders to plan for the future instead of this stop-start approach to NHS funding which leaves them constantly worrying about budget cuts followed by quick-fix, short-term funding announcements.

"They will be pleased though, that the chancellor has finally heard their calls for more investment in digital and technology in the NHS, which has the potential to transform healthcare for patients, improve access to services and free up staff time.

"Trust leaders and their teams are pulling out all the stops to ramp up NHS productivity and today's £3.4bn investment will give them a much-needed boost.

"But they also need politicians from all parties to recognise overstretched staff are already working incredibly hard to treat patients with increasingly complex conditions within existing resources and in the face of relentless demand.

"We also need to see a boost in capital investment alongside wider access to strategic capital investment across acute, specialist, mental health, ambulance and community services to fix the record-high maintenance backlog and the deteriorating NHS estate in which staff are working and patients are being treated.

"Trust leaders are also acutely aware that while the Budget offers the NHS some breathing space, their highly valued partners across local government and social care are facing major funding crises. 

"They know that the long-term financial sustainability of the NHS is dependent on investment in wider public services – such as public health and social care which are vital to improving the public's health and support economic productivity. It's vital we get public finances on a stable footing so that the public get the health and social care services they deserve."