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Read the following, from the Health Service Journal, and you might believe so.

Every time Theresa May makes a speech about Brexit, the Pound falls in value. It is currently at a 32-year low, as This Writer understands it – and that’s just in advance of her speech tomorrow (January 17).

A low Pound is great for FTSE100 companies that make their profits in dollars – and terrible for the NHS, which buys all its supplies with pounds.

Theresa May knows this.

So she must also know that she is cancelling out her claimed increase in NHS funding with every poisoned word she utters.

Brexit could result in an extra £900m bill for the NHS as suppliers hike their prices to protect themselves against a weakening pound.

The currency turmoil triggered by Britain’s decision to leave the EU could add a further 18 per cent to the efficiency target set out in the Carter review, according to NHS procurement expert Chris Robson.

Mr Robson, of the management consultancy Akeso and Company, estimates that at least half of the products used in the NHS originate from outside of the UK, with a high proportion manufactured in Europe, Switzerland, the US and the Far East.

Most NHS organisations buy products in the pound, which has plumbed depths not seen for over 20 years against most global currencies.

According to Mr Robson: “The ongoing and sustained deterioration in exchange rates versus key currencies… is very likely to lead to claims from suppliers for an increase in [pound] pricing over the longer term.

Source: Brexit: Fall in the pound could create extra £900m bill for NHS | News | Health Service Journal

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