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The Independent UK
The Independent UK
Business
David Hughes

Reeves sets out spending review as Labour government ‘moves to new phase’

Chancellor Rachel Reeves leaves 11 Downing Street, London, ahead of delivering her spending review in the House of Commons (Stefan Rousseau/PA) - (PA Wire)

Rachel Reeves said “we are renewing Britain” as she set out how she plans to spend hundreds of billions of pounds of taxpayers’ money.

The Chancellor said total departmental budgets would grow by 2.3% a year in real terms and promised a “record cash investment” in the NHS, amounting to an extra £29 billion a year.

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