Finance News – Spending Review
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Keir Starmer admits government has ‘asked a lot’ of business, and defends employment rights bill – b...
The government recognizes the considerable demands placed on businesses amid recent fiscal policies and emphasizes its commitment to economic stability and future-focused investmen...
Read Full Article →Borders watchdog casts doubt on Labour pledge to end asylum hotels
The borders watchdog has expressed skepticism about the Labour government’s claim that ending the use of hotels for asylum seekers by 2030 will result in annual savings of approxim...
Read Full Article →Bank’s rate decision leaves frustrated Reeves praying for an August cut
The Bank of England’s decision to maintain current interest rates limits immediate economic stimulus, posing challenges to growth amidst geopolitical tensions and rising living cos...
Read Full Article →Labour must not overlook London when it comes to infrastructure spending
Allocating sufficient funds for infrastructure in the capital is crucial, as it supports nationwide economic development and should be balanced alongside investments in other regio...
Read Full Article →Labour had the chance to finally kill off HS2. Instead, it’s throwing more money into the pit | Simo...
The government has allocated an additional £25 billion in its budget to address ongoing issues with the high-speed rail project, despite its limited mention in official transport p...
Read Full Article →Big cities, big potential: The Spending Review rightly prioritises urban growth
The recent fiscal plan allocates increased resources to urban areas, aiming to enhance infrastructure and innovation, which is expected to improve economic performance and contribu...
Read Full Article →Demob-happy IFS director tears into Rachel Reeves’s spending review
The outgoing IFS director’s critical assessment suggests that the spending review may barely avoid tax increases, highlighting potential challenges in achieving fiscal targets with...
Read Full Article →Spending Review: IFS chief suggests Treasury ‘making up numbers’ over DOGE-style Whitehall cuts
A recent analysis raises concerns that projected savings in key government departments may be overstated, as some budget reductions coincide with planned increases in actual spendi...
Read Full Article →Britain on track to become a ‘National Health State’, says thinktank
By the end of the decade, government expenditures are expected to devote approximately 50% of the budget to healthcare and social services, significantly impacting allocations for...
Read Full Article →Reeves’ spending spree could open £20bn gap – which taxes will rise?
The substantial increase in government expenditure may create a significant budget shortfall, potentially leading to higher taxes if the anticipated economic growth does not materi...
Read Full Article →Reeves gambles on ‘renewing Britain’ to win trust of voters and see off Reform
The chancellor’s substantial infrastructure investments aim to secure voter confidence by prioritizing NHS and defence funding, while assuring Labour MPs that the upcoming spending...
Read Full Article →Reeves relaunches – but will it save Labour from Farage? – Politics Weekly UK
The recent funding increase across multiple public sectors indicates a strategic government effort to address current challenges and potentially influence the political landscape a...
Read Full Article →Great British Energy’s budget has been nuked | Nils Pratley
The allocation of £2.5 billion for small modular nuclear reactors significantly reduced the funds initially designated for Great British Energy’s renewable investments, impacting i...
Read Full Article →Reeves unveils 3% NHS spending boost but cuts other budgets
The UK Chancellor’s spending review introduces a 3% increase in funding for the NHS while reducing allocations for various other government departments, including the Home Office a...
Read Full Article →Labour promised people we would rebuild Britain – and that’s what we’re doing | Keir Starmer
This week’s spending review allocates significant funding to improve public services, stimulate local economies, and enhance overall financial well-being for working families acros...
Read Full Article →Only roaring growth can save Reeves, and the country
Sustained and rapid economic expansion is crucial for Reeves and the nation to improve fiscal stability and address ongoing financial challenges effectively.
Read Full Article →Spending review 2025: winners and losers
The 2025 budget allocation shows a substantial boost for healthcare funding in England, while budgets for internal security and international affairs are reduced when adjusted for...
Read Full Article →Winners and losers: Who got what in the spending review?
The recent government spending review allocated varying budgets to different departments, potentially influencing public services and economic priorities across multiple sectors in...
Read Full Article →Rachel Reeves: archangel of hope fails miserably at making everyone feel better off
The recent fiscal plan outlined by the Treasury highlights continued budget constraints and austerity measures, signaling ongoing economic challenges that may impact public spendin...
Read Full Article →Economists warn Rachel Reeves could be forced to make ‘£20bn tax grab’
Following the announcement of increased government expenditures across various sectors, experts indicate that significant revenue increases may be necessary to address fiscal chall...
Read Full Article →Reform and Tories aligned on Spending Review criticism
The opposition has raised concerns about the government's fiscal strategy, highlighting significant increases in expenditure and borrowing that may impact economic stability throug...
Read Full Article →From defence to social housing: Rachel Reeves's spending review in two minutes – video
The recent budget plan outlines increased annual funding for national security, healthcare services, and infrastructure, while allocating substantial investments to housing, correc...
Read Full Article →TfL gets £2bn – but no timetable for Bakerloo Line and DLR extension
Transport for London has received a £2 billion funding package over four years, providing significant financial support though specific schedules for key infrastructure projects re...
Read Full Article →Rachel Reeves says use of hotels for asylum seekers to end ‘in this parliament’ – video
The government plans to increase funding for border security by up to £280 million annually while phasing out expenditures on temporary hotel accommodations for asylum seekers with...
Read Full Article →Spending Review: Gilt yields dip in relief for Rachel Reeves
Following the announcement of the government's Spending Review, UK government bond yields declined slightly, indicating investor confidence in the management of increased expenditu...
Read Full Article →Spending review: Reeves vows to ‘renew Britain’ with big rises for NHS, housing and defence
The planned allocation of over £100 billion towards health, defence, and infrastructure signals a strategic shift aimed at boosting public services and long-term investments while...
Read Full Article →Spending Review: Colossal £25bn for HS2 eclipses other transport pledges
The government’s allocation of £25 billion to HS2 significantly surpasses other transport investments, including £3.5 billion for the Transpennine upgrade and £2.5 billion towards...
Read Full Article →Spending Review: Reeves piles billions into tech as firms cool on UK
The government significantly increased investment in research and development to support technological progress, despite recent withdrawals of several technology companies from the...
Read Full Article →Spending Review: Whitehall faces axe to fund Reeves’ spending spree
Significant reductions in budgets for key government departments will be implemented to allocate substantial funding toward healthcare improvements and advancements in artificial i...
Read Full Article →Spending Review: Reeves promises UK will become defence ‘superpower’
Chancellor Rachel Reeves announced an increase in military expenditure to 2.6 percent of GDP by 2027, indicating a significant boost in the UK’s defense-related financial commitmen...
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