Jeremy Hunt announces extra £650m for hospitals and schools in the north

The British Chancellor Jeremy Hunt announced an extra £650m for hospitals and school in the north in his autumn budget statement on Thursday.
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He announced the north will receive the money through the Barnett formula.

He was obliged to introduce extra funding for the north after he agreed to increase spending in England.

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He said: “I've...had discussion with NHS England about the inflationary pressures on their budget. I recognise that efficiency savings alone will not be enough to deliver the services that we all need so because of difficult decisions taken elsewhere today I will increase the NHS budget in each of the next two years by £3.3bn.”

Jeremy Hunt.Jeremy Hunt.
Jeremy Hunt.

This means proportionate increases in the north.

"The Barnett consequentials of today's decisions mean an extra £1.5bn for the Scottish Government, £1.2bn for the Welsh Government, £650m for the NI Executive.

"That is more resources for the schools and hospitals in our devolved nations next year, the year after and every year thereafter,” he said.