20bn | Common News Update

Dec142020 by adminNo Comments

Sizewell C: Government in talks to fund £20bn nuclear plant

Business

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Jun182018 by adminNo Comments

NHS funding: Brexit 'won't save enough' to fund £20bn boost

Health

The government will not reveal how a £20bn boost to the NHS is funded until the autumn budget - but any savings from Brexit will not be "anything like enough", the health secretary says.Jeremy Hunt also said there "will be an increased burden of taxation" to fund the 3.4% average annual rises to 2023.It came after Theresa May said the NHS funding boost in England would be partly funded by a "Brexit dividend".Labour's John McDonnell called the funding model "not credible".The prime minister announced at the weekend that the government's plan to increase the NHS budget over the next five years.The plan means more money will be given to the rest of the UK - about £4bn - although it will be up to the Welsh and Scottish go...

Jun172018 by adminNo Comments

NHS funding: Theresa May unveils £20bn boost

Health

Media playback is unsupported on your device The NHS in England is to get an extra £20bn a year by 2023 as a 70th "birthday present", Theresa May says.It means the £114bn budget will rise by an average of 3.4% annually - but that is still less than the 3.7% average rise the NHS has had since 1948.The prime minister said this would be funded partly by a "Brexit dividend", but also hinted at tax rises.Labour said the government had failed to fund the NHS properly and was relying on a "hypothetical" windfall.Shadow health secretary Jonathan Ashworth said Labour's taxation plans meant his party could match the Conservatives' spending plans and "will go further".In her BBC interview, Mrs May did not spell out how the £20bn a year ...

Mar152018 by adminNo Comments

MPs warn of 'poisonous air' emergency costing £20bn a year

Science

MPs have demanded an end to the UK's "poisonous air" in an unprecedented report from four Commons committees.The Environment, Health, Transport and Environmental Audit committees want a new Clean Air Act, and a clean air fund financed by the motor industry.They are also demanding a faster phase-out of petrol and diesel cars - currently set for 2040.The government said air pollution had improved significantly since 2010 but there was "more to do".MPs have been frustrated by the response from ministers, who have promised to publish a comprehensive clean air strategy later this year.Their report says: "Air pollution is a national health emergency resulting in an estimated 40,000 early deaths each year, costing the UK £20bn annually. "It is unacceptable that successive governments have failed ...

Sep212017 by adminNo Comments

Brexit: Theresa May 'to offer 20bn euros transitional deal'

Business

Theresa May is set to propose a transitional deal with the EU of up to two years in a speech on Friday, a cabinet source has told BBC News.The PM is also expected to make an "open and generous" offer, potentially worth 20bn euros over the two years. It would mean the EU does not have to unpick its current budget - so no other EU member loses out from Brexit.No 10 hopes the speech, which has been agreed by the cabinet but could yet be revised, will speed up Brexit talks. Mrs May briefed her top team at a marathon two and a half hour cabinet meeting in Downing Street on what she will say in Florence.A government source said that the intention was to make the potential payments conditional on continued access to the single market and some form of customs union which allowed the UK to strike i...