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<p>The NHS Long Term Plan commits to grow investment in mental health services faster
than growth in the National Health Service budget overall for each of the next five
years. This means mental health will receive a growing share of the NHS budget, worth
in real terms at least a further £2.3 billion a year by 2023/24. Additionally, the
NHS also commits that funding for children and young people’s mental health services
will grow faster than both overall NHS funding and total mental health spending. This
means that children and young people’s mental health services will for the first time
grow as a proportion of all mental health services, which will themselves also be
growing faster than the NHS overall. The delivery of this commitment is supported
by the annual Mental Health Investment Standard, which requires commissioners to allocate
additional growth in funding for mental health.</p><p>The intention, also set out
in the Long Term Plan, to make further efficiencies in NHS administrative costs is
intended to ensure that an increasing share of the NHS budget is invested in frontline
services by, amongst other things, simplifying costly and overly bureaucratic contracting
processes.</p>
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