Yesterday we published new economic analysis which finds that the costs of mental ill health have reached £300 billion a year. This figure is double the NHS’s entire budget in England in 2022. And it's similar to the estimated impact of Covid-19 on the UK economy in 2020. In a sense, the economic impact of mental ill health is like having a pandemic every year.
We know that a £ sign can never fully reflect the devastating impact of mental health problems on people’s lives. But this astounding figure makes a clear case that tackling mental ill health is everyone’s business, and it must spur urgent government action.
This month we also published new research into mental health in later life, which finds that older people’s mental health is being widely overlooked. And we’ve shared a great
selection of informative and moving blogs – be sure to check those out.
We still have a long way to go to make equality in mental health a reality. Thank you for continuing to support us on that journey.