Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Investing
    3. >UK budget to give health service huge boost, Reeves says
    Investing

    UK Budget to Give Health Service Huge Boost, Reeves Says

    Published by Uma Rajagopal

    Posted on October 29, 2024

    2 min read

    Last updated: January 29, 2026

    Add as preferred source on Google
    Image of Rachel Reeves presenting the UK budget, highlighting significant funding for the NHS aimed at improving healthcare services and addressing backlogs. This funding is crucial for the future of public health in Britain.
    Rachel Reeves announcing NHS funding boost in UK's budget - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:public policyGovernment fundinghealthcare expenditureNHSUK economy

    LONDON (Reuters) – Britain’s finance minister Rachel Reeves will announce billions of pounds in funding for the National Health Service (NHS) in Wednesday’s budget that will go towards buying new equipment for hospitals and increasing the number of operations.

    Prime Minister Keir Starmer has said tax rises will be necessary to rebuild Britain’s public services, pledging no return to austerity despite a difficult fiscal inheritance after Labour won a July election.

    I am putting an end to the neglect and under investment (the NHS) has seen for over a decade now,” Reeves said on Monday.

    We will be known as the government that took the NHS from its worst crisis in its history, got it back on its feet again and made it fit for the bright future ahead of it.

    The finance ministry said there would be 1.5 billion pounds ($1.95 billion) for new surgical hubs and scanners, and 70 million pounds for radiotherapy machines.

    It said there would be enough funding to deliver an extra 40,000 elective appointments a week, including 1.8 billion pounds invested by the government since July.

    Reeves will announce the final figure on Wednesday.

    The state-run NHS has endured some of its hardest winters recently as it struggled to cope with backlogs in elective procedures delayed by COVID and industrial action.

    Starmer has promised to deliver a 10-year plan to fix the NHS in England, after an independent report said it was in critical condition.

    He has agreed pay deals with health workers, ending a series of strikes the previous Conservative government blamed for extending waiting lists.

    The finance ministry said the extra funding would help the NHS meet a commitment that 92% of people wait less than 18 weeks to start treatment.

    The British government runs the health service in England, and it is a devolved area of policy in Scotland, Wales and Northern Ireland.

    ($1 = 0.7705 pounds)

    (Reporting by Alistair Smout, editing by Ed Osmond)

    More from Investing

    Explore more articles in the Investing category

    Image for Submit Your Entry for the Prestigious Investor Relations Awards 2026
    Submit Your Entry for the Prestigious Investor Relations Awards 2026
    Image for What Is an NRI Demat Account? Why You Need One for Investing
    What Is an Nri Demat Account? Why You Need One for Investing
    Image for Excellence in Innovation – Investment Platform India 2026 Now Open for Nominations
    Excellence in Innovation – Investment Platform India 2026 Now Open for Nominations
    Image for The Playbook of a Well-Prepared Seller
    The Playbook of a Well-Prepared Seller
    Image for TISCO Asset Management Co., Ltd. Honored at the 2026 Global Banking & Finance Review Awards®
    Tisco Asset Management Co., Ltd. Honored at the 2026 Global Banking & Finance Review Awards®
    Image for PT. Sucorinvest Asset Management Secures Dual Honours at the 2026 Global Banking & Finance Review Awards®
    Pt. Sucorinvest Asset Management Secures Dual Honours at the 2026 Global Banking & Finance Review Awards®
    Image for Stanbic IBTC Pension Managers Limited Wins Best Pension Fund Manager Nigeria 2026 by Global Banking & Finance Review®
    Stanbic Ibtc Pension Managers Limited Wins Best Pension Fund Manager Nigeria 2026 by Global Banking & Finance Review®
    Image for Stanbic IBTC Asset Management Limited Named Best Asset Management Company Nigeria 2026 by Global Banking & Finance Review®
    Stanbic Ibtc Asset Management Limited Named Best Asset Management Company Nigeria 2026 by Global Banking & Finance Review®
    Image for BT Asset Management Wins Best Asset Management Company Romania 2026 by Global Banking & Finance Review®
    Bt Asset Management Wins Best Asset Management Company Romania 2026 by Global Banking & Finance Review®
    Image for Latin Securities Secures Dual Honors at the 2026 Global Banking & Finance Review Awards®
    Latin Securities Secures Dual Honors at the 2026 Global Banking & Finance Review Awards®
    Image for Krungsri Asset Management Company Limited Honored at the 2026 Global Banking & Finance Review Awards®
    Krungsri Asset Management Company Limited Honored at the 2026 Global Banking & Finance Review Awards®
    Image for KBC Asset Management Honored at the 2026 Global Banking & Finance Review Awards®
    Kbc Asset Management Honored at the 2026 Global Banking & Finance Review Awards®
    View All Investing Posts
    Previous Investing PostHargreaves Lansdown Expects Takeover by CVC-led Consortium to Complete in Q1 2025
    Next Investing PostMicrosoft’s AI Demand Under Scrutiny as Investors Seek Payday