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NHS England to relaunch as a bank to secure future government funding and pay

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NHS England has announced it is to reinvent itself as a bank in order to secure the levels of government funding it needs to provide adequate healthcare and properly paid staff by means of a multi­billion pound bailout.

The news comes on the back of strikes by nursing staff who have had their pay frozen, and as NHS England report it could have a funding shortfall of £2bn.

“We have made savings of nearly £20bn” it said in a statement, “but are currently unable to afford some treatment for illnesses such as cancer, heart disease or MPs’ memory loss.

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