UK to abolish NHS England in major restructuring

The UK has announced plans to abolish NHS England and integrate its functions into the central government, marking a significant shift in the nation's healthcare management. The restructuring aims to cut bureaucracy and enhance efficiency, resulting in approximately 10,000 job losses, with the anticipated savings redirected to frontline services.

Health secretary Wes Streeting stated that the move would streamline operations, improve accountability, and ensure more effective resource utilization to address issues such as long waiting times.

The restructuring is expected to have significant implications for the pharmaceutical and biotech sectors. The government has indicated that centralizing NHS functions under direct control will enhance its ability to negotiate drug pricing and accelerate the adoption of new treatments.