Theresa May will announce her plans for an extra £20 billion a year for the NHS on Monday.
The prime minister said this will be partly funded by a “Brexit dividend” — money Britain will supposedly save from no longer contributing to the European Union’s budget.
However, Paul Johnson, director of the Institute for Fiscal Studies, rubbished this claim over the weekend.
“There is literally, arithmetically, no money,” Johnson said.
May is under pressure to explain how the government intends to pay for increased NHS spending.
LONDON — Theresa May’s claim that a “Brexit dividend” will fund increases in spending on the National Health Service has been rubbished by economists and senior Conservative colleagues.See the rest of the story at Business Insider
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