NHS trusts already have a large amount of the ‘cash bomb’ that Boris Johnson promised would be used to fund things like new equipment and beds in hospitals.
That is according to a leaked letter obtained by Health Service Journal showing that £1 billion of the total £1.8 billion announced by the Prime Minister will be funded by raising the health department’s spending cap.
It means that most of the funding is not ‘new money’ but is in fact capital that NHS trusts already have in reserve.
A spokesperson for the Department of Health and Social Care told Sky News that the NHS has an extra £1.8 billion of new funding to invest in projects and said that the NHS did not previously have the money to spend.
“This is a brand new injection of capital that enables the NHS to get on and release urgent planned investment this year,” they said.
“This includes £850m which will directly fund 20 new hospital upgrades – money that had not been previously allocated.
“We will consider proposals from the NHS for a multi-year capital plan in the upcoming spending review.”