Part of Health and Social Care – in the House of Commons at on 19 November 2024.
Wes Streeting
Secretary of State for Health and Social Care
Thanks to the decisions that the Chancellor took in the Budget, we are able to provide an additional £26 billion to give the NHS the funding it needs. This will support the NHS in England, enabling it to deliver an extra 40,000 appointments a week to cut waiting lists. Of course, for my hon. Friend and her constituents, the Budget has given Scotland the biggest real-terms increase in funding through the Barnett formula since devolution began. I hope the Scottish Government will use that investment to deliver improved services for the Scottish people.
An economic mechanism used by the Treasury to adjust automatically the amounts of public expenditure allocated to Northern Ireland, Scotland and Wales, to reflect changes in spending levels allocated to public services in England, England and Wales or Great Britain as a whole.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.
