The Autumn statement - what you need to know

The Chancellor of the Exchequer, Jeremy Hunt, has promised more funding for the NHS and social care, adding that his top three priorities are "stability, growth and public services."

So what does this mean in monetary terms for health and social care? A summary of the funding is as follows:

NHS:

• Gets an extra £3.3bn a year for the next two years (2023-24, 2024-25), on top of its existing funding settlement.
• Will have a long-term workforce plan by next year, with projections on numbers of staff needed for the next 5, 10 and 15 years.
• Will be expected to play its part in delivering efficiencies, with a review led by Patricia Hewitt, former (Labour) health secretary and current Norfolk Waverney Integrated Care System chair, looking at how new integrated care boards will operate independently and efficiently.

Social care:

• Gets an extra £1.6bn in 2023/24 and £1.7bn in 2024/25 on top of existing settlement.
• Won’t be introducing the care cap yet after Mr Hunt confirmed a delay of two years.
• Mr Hunt said that the extra funding, the delayed care cap and “more council tax raising flexibilities”, meant funding for social care could be “up to” £2.8bn in 2023/2024 and £4.7bn in 2024/2025.
• The extra funding includes a ring-fenced £1bn adult social care grant for hospital discharge.
• £200k more care packages could be delivered over the next two years as a result.

The Local Government Association said although the financial outlook was now better than feared, council tax wasn’t the solution to meeting long-term pressures as it raised variable amounts across England and added to financial burdens on households.