It's great news to see additional funds being directed to new capital healthcare projects, including for a number of clients. However, it might surprise some people to see that about a sixth of the capital budget has been transferred to help with day-to-day running costs of the NHS.

For many trusts, running costs include large agency staff bills, due at least in part to the absence of affordable accommodation for staff in their catchment areas. Investment in dedicated reasonably-priced staff accommodation could literally pay dividends, and decrease the need for cash to be diverted from capital investment by lowering day-to-day costs.