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Focus on the big picture.
Tuesday, Feb 24, 2026

UK Government Unveils New NHS Funding

£1.57 Billion Allocated for Surgical Hubs and Equipment
Chancellor Rachel Reeves has announced significant new funding for the NHS ahead of Wednesday's Budget.

The government has pledged £1.57 billion for the development of new surgical hubs, as well as the procurement of scanners and radiotherapy machines.

This initiative is part of a broader strategy to increase NHS appointments and procedures in England by 40,000 per week.

In August, over 280,000 individuals were waiting for over a year for operations, scans, or appointments, amid a backlog of 7.64 million in England.

Health Secretary Wes Streeting emphasized the funding aims to 'start fixing the foundation' of the NHS.

However, he cautioned that it will take time to rectify existing challenges, and the waiting time figures indicate the NHS is in 'critical condition.' Additional funding was promised to deliver healthcare improvements outlined in the Labour manifesto, which include over two million extra appointments annually.

Reeves characterized the NHS as 'the lifeblood of Britain' and committed to reversing years of neglect.

Siva Anandaciva of The King's Fund remarked that while the funding is a positive step, much more is needed to address a £13.8 billion backlog in maintenance issues and staffing challenges.

Full details of these financial provisions will be unveiled in the Budget, with implications for health services in Scotland, Wales, and Northern Ireland as well.
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