Reeves places a long-term bet on the English ‘update’. Will the voters be notified?

Sir Keir Starmer did not call this “a way” – but labor officials admit that he intended.

“Today, this is the end of the first stage of this government,” he said.

After a year, the financial “black holes”, the welfare of welfare and winter fuel payments, Starmer ministers, now it is time to go to a new stage.

It took 11 months as the labor was selected to reach this point, and some ministers set up their priorities before the revey. Meanwhile, the importance of the importance of the importance has dropped to 22 percent, and Revees had his popularity.

However, Reeves Commons was until the end of the statement of the statement – to carry out the government’s spending options for the rest of the parliament – the MPs shouted for the mood visible in government benches.

It was an important point for reveves: he rejected the conservative “hardness” and borrowed in infrastructure projects in the country, the city and cities supporting the labor support, he said, received Namecredit.

Because the Starmer’s political stage was obvious, it was to clean the political stage to return a moment for his chancellor. “Keir asked for the moment of Rachel,” said a labor figure. “In fact, there was a little money to spend.”

Reeves’ allies will provide a second period for cash separating and starmer’s government and believe in the economy and policies of the auxiliary spending.

But at least there are pre-open problems for reeves for the questions of the time.

Not only the first year of labor in the office, the first year was in the economic darkness in the economic darkness – perhaps a sustainable political damage – but his spending review could take years to provide economic and political consequences.

Spending daily services – the type of consumed in the daily lives of people will be limited to 1.2 percent per year. It is a dense settlement that is difficult to transform creeping services.

Reeves, NHS announced 3 percent real annual growth to the UK budget, but the health modeling internal department may not be enough to allow Starmer’s waiting list to hit targets. The date with a 3.6 percent growth rate for the NHS is more slowly slower.

The biggest part of the speech of the reveves is dedicated to the separation of capital expenditures over the parliament to 113 billion pounds. Labor cities from the derby from Port Talbot were Namechecked with a chancellor suit to distribute cash out of London and southeast.

Many economists believe that the investment of nuclear power plants, trans-pennine railway connections, artificial intelligence and housing is something to increase the country’s growth potential.

However, it may take years to feel the benefits of voters. Reeves’ Modeligi, the cities of voters are pleased to learn about new trams and bus links, but they are likely to get tickets to take them recently.

In the next election date, in 2029, many of these projects will not have holes. Reeves conducts a long-term bet on the economy and “national renewal”, but will voters be grateful?

In his statement, the Chancellor was worried to destroy the idea that “hardness-lite”. Indeed, in the first budget last year, Reeves increases over £ 70 billion in the parliamentary expenditure, higher tax and borrowing.

However, due to the scale of the Department of Health – only set to spend £ 202 billion in the existing fiscal year – Reeves’ NHS has forced a 3-year increase for NHS, to apply a hard spending of other services in many services.

The departments, including housing and local management, culture, environment and business, have been determined to see the interruption of real terms for expenses until 2025-26-28-29.

Some of them slope: The foreign office reduces the term of a cutting review in the budget of the external aid to 0.3 percent to 0.3 percent.

It was a larger winner spending with defense, spending, spending. However, until 2027, GDP rose to 2.6 percent. However, as in many other parties of the spending review, this was unanswered questions about the government’s plans.

In particular, with a NATO summit in the end of the month, however, the transition to 3 percent of the UK will be managed, and if the transition to 3 percent of GDP will be able to prioritize this type of GDP, he said to be up to 3.5 percent.

The government and the previous conservative government and the Starmer leadership fought to reduce costs in the area or reduce shipping transitions to England.

The total department’s efficiency earnings will reach 14 billion pounds a year in 2028-29.

The plan provides a number of loaded boosts to spend on which taperers in the parliamentary period. Daily Real Conditions Branch Export will increase by 2.4 percent this year, increase growth rate in 2026-27 percent in 1.8 percent and months of the years.

Consistent UK governments regularly thought to squeeze the line to spend the line, only to find more pressure on public finances, putting up more pressure on intense public finances.

The latest record of the government has caused investor skepticism because of investor skepticism, especially the government’s prosperity reforms, but the winter fuel permit and assumption.

Ruth Gregory in Capital Economics, Chancellor, probably said that the front-loaded nature of settlements put on Wednesday will be forced to spend on parliament. “Strong decisions for the British Chancellor will not end here,” he said.

Investors are expected to increase the highest increase in the highest growth of tax growth in October, the highest level of increase in the autumn budget and the highest level of increase in NATO defense budgets.

“The state finances seem to be in a worse situation since March, so he had to return and solve in the future,” said Andrew Goodwin in the Oxford economy. “This budget rises.”

However, for the Starmer, the last contours of the spending review of the spending review on Wednesday was a decisive moment because he tried to change the political and economic dispute. “The message was simple,” said one person in the room. “Come and sell.”