Warnings NHS faces real terms funding reduction of 1 per cent a year

A leading health think tank has warned the NHS faces a funding gap of £6 billion a year by 2015. The King’s Fund says that, contrary to George Osborne’s claim the NHS will get an annual real-terms rise of 0.1 per cent, the NHS will in effect face a reduction of more than 1 per cent a year if it is to maintain existing levels of treatment and cover, given changes in the population.