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Ep 239: Labour's Halloween Budget Aims to Balance Tricks with Treats

Medics Money podcast

CHAPTER

Analyzing Recent Health Budget Changes

This chapter explores the implications of a significant £22.6 billion increase in the UK's health budget, spread over two years. It addresses challenges such as rising public sector pay costs and their impact on NHS funding, while discussing concerns over pay awards and the necessity for departments to justify salary increases beyond inflation. Additionally, the chapter touches upon minimum wage increases and the budget's overall tax-raising effects, ultimately leading to speculations about potential changes in pension tax relief and national insurance contributions.

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