How can an act of parliament cure cancer?

Let us start with the most emotive word in the English language – cancer. Why is there no cure for cancer? We need more innovation obviously. But why don't we have it? Is it the money? Is it that NHS commissioning bodies take the view that they will only pay for treatment if it is known to be effective – so that innovation is not attractive to funders, whose aim is to drive down the cost of care? In this way, are funding decisions anti-innovative and clinicians' desire to innovate frustrated?