The Rest Is Money 119. Can Labour’s spending review really mend public services?
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Dec 9, 2024 In this insightful discussion, Paul Johnson, Director of the Institute for Fiscal Studies and a public finance expert, delves into Labour's spending review and its potential impact on public services. He evaluates whether Wes Streeting can realistically reform the NHS amid existing funding challenges. Johnson also highlights the shortcomings of data on the UK jobs market, raising concerns about economic policies. The dialogues explore systemic inefficiencies and the urgent need for innovative solutions to improve public service outcomes.
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Spending Review Significance
- The upcoming spending review is crucial for allocating government funds from 2026 onwards.
- It will be challenging due to limited resources and increasing demands.
Declining NHS Productivity
- The NHS is no longer considered cost-effective due to declining productivity and worsening outcomes.
- Outcomes, especially for cancer treatment, are worse in the UK than in many other developed countries despite high spending.
Late Cancer Diagnosis
- Robert Peston's late wife's cancer diagnosis was delayed due to difficulties in accessing timely scans and tests.
- Early cancer detection is crucial for both improving survival rates and reducing healthcare costs.