Chancellor Rachel Reeves has unveiled the contents of the UK’s first multi-year spending review since 2021.
The review sets the day-to-day budgets of government departments over the next three years, used to pay staff and deliver public services.
It also sets their investment budgets until the end of the decade, to pay for new infrastructure such as hospitals, schools, and military kit.
Here is a summary of the key points.
Salisbury MP John Glen asked the chancellor for an update, only to be told it was the Health Secretary’s decision.
The PM and chancellor badged their Spending Review as start of a new chapter but the economic backdrop is inescapable.
The big bet for the government remains on economic growth – finding it and sustaining it.
Some departments, including the Home Office and Foreign Office, have lost out in the government’s Spending Review.
SNP say Scotland has been “short changed” but the chancellor claims it is the largest settlement since devolution.
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