Capital Misplaced: Why NHS Funding Isn’t Reaching Where It’s Needed Most
As the NHS continues to wrestle with mounting financial pressures, a new analysis has cast doubt on the core logic behind how capital and operating budgets are allocated across trusts, suggesting that current incentives may be funnelling critical investment away from where it’s actually needed. Under NHS England’s new leadership, there’s a growing push to tie funding more closely to performance. Trusts that hit revenue targets or perform well in areas like emergency care are being rewarded with capital boosts. But critics warn this performance-based model risks becoming a distortion, not a driver, of fairness and efficiency.
By
Distilled Post Editorial Team