NHS will need £88bn extra by 2067, says OBR forecast

Report says budget will need to rise by 2% a year over next 50 years, taking up an increasing proportion of GDPThe NHS budget will need to increase by £88bn over the next 50 years, meaning governments could have to raise taxes or cut spending in other areas to fund it, the Office for Budget Responsibility (OBR) has said.The soaring costs threaten to render public finances generally “unsustainable”, according to the OBR’s latest fiscal sustainability report. It says the go