Chancellor of the Exchequer
“It costs £3.4 billion to modernise NHS IT systems — including using AI to cut form-filling and speed up diagnosis — but it helps unlock £35 billion of savings, 10 times that amount, over the next Parliament.”
Chancellor of the Exchequer
The £35 billion is framed as cumulative NHS productivity savings from 2025/26 to 2029/30, so it cannot be judged before the end of the 2029/30 financial year; the plan's delivery has since been reshaped by the change of government.
“Building on the success of the supercomputing centres in Edinburgh and Bristol, I will invest a further £500 million over the next two years to fund further innovation centres to help make us an AI powerhouse.”
Chancellor of the Exchequer
In August 2024 the incoming Labour government shelved the £500 million of additional AI Research Resource compute funding (along with £800 million for the Edinburgh exascale machine) as 'unfunded', so the promised money was never invested within the two-year window; only the pre-existing £300 million AIRR allocation continued.