Health Secretary presses Jeremy Hunt to tackle NHS ‘pressure from inflation’

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: Jeremy Hunt

Jeremy Richard Streynsham Hunt is a British politician serving as chair of the Health and Social Care Select Committee since 2020. He previously served in the Cabinet as Culture Secretary from 2010 to 2012, Health Secretary from 2012 to 2018, and Foreign Secretary from 2018 to 2019.

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In This Story: NHS

The National Health Service is the publicly funded healthcare system in England, and one of the four National Health Service systems in the United Kingdom. It is the second largest single-payer healthcare system in the world after the Brazilian Sistema Único de Saúde.

The NHS was founded on 5th July 1948. Current annual budget: £134 billion (2019).

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