NHS funding boost not at record levels
The Prime Minister has repeatedly made claims that the NHS is set to receive £34 billion and described this in a number of ways: as the biggest spending increase in modern memory, or a “record sum” or the biggest boost for a generation.
It’s certainly not a record sum and whether or not you think this is the biggest increase in modern memory really depends on how good your memory is.
The £34 billion is a spending increase in real terms of £20.5 billion between 2018/19 and 2023/24 (this was first announced in July 2018). The last time spending increased by at least that amount in real terms was between 2004/05 and 2009/10, when it increased by £24 billion in real terms.
We've written more about this here.