Health Care and Tax Thrust Into U.K. Election as Labour Vows Rescue Plan

Nov. 13, 2019, 11:46 AM UTC

The Labour Party vowed to outspend the ruling Conservatives on the National Health Service if it wins the U.K. general election, promising a 26 billion-pound ($33 billion) “rescue plan” paid for by higher taxes on companies and the rich.

The announcement, unveiled by Shadow Chancellor John McDonnell on Nov. 13, thrust the NHS—one of biggest issues concerning British voters—into the heart of the campaign for the Dec. 12 vote.

McDonnell said total Department of Health and Social Care funding would rise by 4.3% a year in real terms under his plans, with NHS England getting 6 billion pounds more by ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.