James Forsyth James Forsyth

What will happen to the NHS budget?

George Osborne has long regarded support for the NHS as the most important aspect of Tory modernisation. For this reason, I think it is highly unlikely that the ring-fence will be removed from around the NHS budget.

But I suspect that the practical, as opposed to symbolic, importance of the ring-fence will be diluted by more and more things being classified as health spending.

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