Good morning. It’s spending review day. After weeks of tense negotiations between ministers and the Treasury, Rachel Reeves is set to unveil exactly how the government will allocate the spending it announced in last year’s budget.
If you’re wondering what this actually means, Archie helpfully explained when the process began six months ago. In short: departments outline how they want to spend money over the next few years, then negotiate with the Treasury over how much they will actually get.
