bᵻtwˌiːn nˈaɪntiːnhˈʌndɹɪd fˈoːɹɾi ˈeɪt ænd nˈaɪntiːnhˈʌndɹɪd sˈɪksti ˈeɪt ˌɛnˌeɪtʃˈɛs faɪnˈænʃəl ˌæləkˈeɪʃənz wɜːɹ ᵻsˈɛnʃəli bˈeɪst ˌɔn siːkwˈɛnʃəl ɪnflˈeɪʃən ʌplˈɪfts.
Between 1948 and 1968 NHS financial allocations were essentially based on sequential inflation uplifts.