Brits face £2,000 tax hike to avoid 'decade of NHS misery'
A significant report has suggested that UK households could face a tax hike of £2,000 over the next 15 years to avoid a decade of "NHS misery".
It comes as the health service finds itself struggling to deal with the impact of an ageing population, a growing number of people relying on its services and a lack of funding.
New analysis on what the NHS needs to cope with future demand shows that UK spending on healthcare will have to rise by an average 3.3% a year over the next 15 years just to maintain NHS provision at current levels.
But in order to get the health service back on track with currently missed targets, to modernise and meet the needs of an ageing population, funding increases of 4% a year would be required over the next 15 years, according to a report by the Health Foundation and the Institute for Fiscal Studies, in association with the NHS Confederation.