Economic ‘tailspin’ from Brexit could damage NHS, says Stevens

The economic consequences of Britain leaving the European Union could further damage the NHS, Simon Stevens has warned.

In an interview on The Andrew Marr Show yesterday, the boss of NHS England said that a recession as a result of Britain voting to leave the EU on 23 June, which has been predicted by Bank of England governor Mark Carney, would have a particularly severe impact on the already troubled NHS finances.

Stevens said: “If Mark Carney is right then that is a severe concern for the National Health Service. Because it would be very dangerous if at precisely the moment the NHS is going to need extra funding actually the economy goes into a tailspin and that funding is not there.”

A report from the Chartered Institute of Public Finance and Accountancy (CIPFA), published today, warned that the NHS deficit could reach £16bn by 2020.

The latest NHS performance figures show its deficit is at £2.45bn, almost three times greater than last year’s and £461m worse than planned, and timely treatment rates for emergency patients are at their lowest ever.

Another recent CIPFA report warned that the general public do not realise the “tremendous upheaval”, leaving the EU is likely to cause public services, as reported in NHE’s sister title Public Sector Executive.

(Image c. Owen Humphreys from PA Wire)

Have you got a story to tell? Would you like to become an NHE columnist? If so, click here.



There are no comments. Why not be the first?

Add your comment


national health executive tv

more videos >

latest news

View all News


The Hospital Energy Project

19/09/2018The Hospital Energy Project

The Hospital Energy Project is an ambitious engineering scheme to replace o... more >
Social media's role in health

19/09/2018Social media's role in health

Social media has a massive role to play in health – infection prevent... more >

editor's comment

25/09/2017A hotbed of innovation

This edition of NHE comes hot on the heels of this year’s NHS Expo which, once again, proved to be a huge success at Manchester Central. A number of announcements were made during the event, with the health secretary naming the second wave of NHS digital pioneers, or ‘fast followers’, which follow the initial global digital exemplars who were revealed at the same show 12 months earlier.  Jeremy Hunt also stated that by the end of 2018 – the 70th birthday... read more >

last word

Hard to be optimistic

Hard to be optimistic

Rachel Power, chief executive of the Patients Association, warns that we must be realistic about the very real effects of continued underfunding across the health service. It’s now beyond more > more last word articles >


Duncan Selbie: A step on the journey to population health

24/01/2018Duncan Selbie: A step on the journey to population health

The NHS plays a part in the country’s wellness – but it’s... more >

the scalpel's daily blog

Lord Darzi: Seize the opportunity

19/09/2018Lord Darzi: Seize the opportunity

Professor the Lord Darzi of Denham is the Paul Hamlyn chair of surgery at Imperial College, a surgeon working in the NHS and, from 2007-09, was health minister under Labour. H... more >
read more blog posts from 'the scalpel' >

healthcare events

events calendar


September 2018

mon tue wed thu fri sat sun
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
1 2 3 4 5 6 7

featured articles

View all News