- Created: Tuesday, 10 June 2014 15:45
- Written by Hannah Caller and Robert Clough
Every politician knows that the NHS faces financial collapse in 2015. As a proportion of GDP, health spending reached a peak of just under 9% in 2009; it is now predicted to fall to under 8%. The scale of service cuts required to meet a £20bn funding gap for 2011-14 is already huge, with soaring waiting lists and extended A&E waiting times. With flat-level funding expected for the three years from 2015/16, the overall gap will reach a massive 23%. General practice services are facing disintegration with some practices unable to offer a consultation for two weeks. NHS Monitor is requiring foundation trusts to rework two-year financial plans submitted in April because their assumptions are unrealistically optimistic. These are the consequences of slashing state welfare: the ruling class may be sitting on ever-growing and obscene levels of wealth, but it will always ensure less and less is spent on the working class. Hannah Caller and Robert Clough report.