Rachel Reeves has an unenviable task as she puts the final touches to the government-wide spending review she will unveil on Wednesday. It will be a defining moment for the Labour government as she sets out departmental spending limits up to the next general election.
The headlines garnered in the run-up to the chancellor’s big day are misleading. We have been promised £15.6bn for local transport projects, mainly in the North and Midlands; £4.5bn a year for schools; £22.5bn a year for science and tech, and £187m to bring digital skills and AI learning into classrooms and communities.