Britain, Spending Review
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Wednesday's UK Spending Review means Stormont ministers now know the rough size of their budget in the two years before the next assembly election.In 2026, they will have about £16.3bn for day-to-day spending,
The government is eager to shout about its investment in transport infrastructure and nuclear projects in this review. Reeves has committed £113 billion in extra capital spending, including £15 billion on transport outside London and £14.2 billion on the Sizewell C nuclear power plant, part of an £86 billion fund to "boost science and technology".
To learn more about the how announcements made in the chancellor's Spending Review will effect you, click here.
Britain’s Labour government sought to regain the political initiative as Treasury chief Rachel Reeves set out her spending plans for the coming years, including big increases for health, defense and housing.
Only a few hours to go now until Rachel Reeves’ spending review, when the Chancellor will reveal how £600 billion of annual government expenditure will be split between departments over the next three years,
Experts warn of potential cuts if cash boost in spending review is spent on the Welsh NHS.
An index tracking British homebuilder shares was last up 2.36% at its highest since November, building on Tuesday's 5.4% gain. Vistry shares rose nearly 9%, and topped the broad European STOXX 600 share index. Peers Crest Nicholson and Bellway rose 5.2% and 2.5%.
Hi there, it’s Helen Chandler-Wilde , a UK journalist and editor of The Readout. Hope you enjoy today’s newsletter.
Critics say the measures include excluding some spending from review by state Comptroller Thomas DiNapoli, avoiding competitive bidding in some contracts, pushing some spending and borrowing onto state authorities instead of the budget and passing "lump sum" appropriations that will be divvied up after the budget was approved,
The notion that the health service has emerged as a “winner” from the chancellor’s spending review is a bit like congratulating someone who has just won back the face value of a scratch card. It certainly could have been worse,