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Mental Health: Expected Spend
21 March 2024
Type
Written Ministerial Statement
Department
Department of Health and Social Care
At a Glance
Issue Summary
The statement addresses the publication of the second annual NHS mental health services spending expectations as required by the Health and Care Act 2022.
Action Requested
The minister is publishing updated figures for the financial years 2023/24 and projections for 2024/25, showing increased mental health spending percentages and commitments to uphold the Mental Health Investment Standard. Additional funding for NHS Talking Therapies (£21 million) and Individual Placement Support (£20 million) is also included in these figures.
Key Facts
- The first annual statement was published by my predecessor in January 2023.
- In 2022/23, mental health spending made up 8.87% of all recurrent NHS spending.
- For 2023/24, mental health spending is forecast to make up 9.00% of all recurrent NHS spending.
- The projection for 2024/25 is that mental health spending will constitute 9.01% of all recurrent NHS spending.
- Capital spend is not included in the Mental Health Investment Standard or total mental health spend figures, but over £400 million has been allocated to replace dormitory beds in England's mental health estate.
- Funding includes £21 million for NHS Talking Therapies and £20 million for Individual Placement Support.
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