
Deep spending cuts could be needed after Kwasi Kwarteng’s budget (stock image)
(Picture: PA Wire)The Government may have to cut public spending so significantly in the wake of the mini-Budget that it could threaten the existence of the NHS as a free service, a leading economic policymaker has warned.
Sir Charlie Bean, a former deputy governor of the Bank of England, warned that the government’s fiscal strategy necessitated deep cuts to public spending – with the health service likely to suffer as a result.