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<p>Government has committed £3.9bn of new capital investment by 2022/23 to transform
and modernise NHS buildings.</p><p>Of this, £2.6bn of capital funding has been allocated
to 153 STP transformation schemes – the single biggest injection of its kind in the
NHS in over a decade. Over £240m of this will help the NHS to meet local demand in
the East of England, through new emergency departments and additional bed capacity.</p><p>In
the last two years, the government has agreed to fund four large hospital schemes
and has committed to invest in at least one large hospital per year. This includes
funding for a £118m project to provide a new Children’s Hospital in Cambridge, in
the East of England.</p><p>As part of the NHS Long-Term Plan, the government has also
committed to consider proposals from the NHS for a multi-year capital plan to support
transformation. These discussions will form part of the 2019 Spending Review.</p><p>The
government is increasing NHS spending by £33.9bn in cash terms by 2023/24 – reflecting
that the NHS is this government’s top spending priority.</p>
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