Table 3.
Period | Financial years | Average annual real growth rate |
---|---|---|
Whole period | 1949/50 to 2016/17 | 3.7% |
Pre-1979 (various governments) | 1949/50 to 1978/79 | 3.5% |
Thatcher and Major Conservative governments | 1978/79 to 1996/97 | 3.3% |
Blair and Brown Labour governments | 1996/97 to 2009/10 | 6.0% |
Coalition government | 2009/10 to 2014/15 | 1.1% |
Cameron and May Conservative governments | 2014/15 to 2016/17 | 2.3% |
Reproduced with permission from Charlesworth A, Johnson P (eds). Securing the future: funding health and social care to the 2030s. The Institute for Fiscal Studies: London, 2018.5