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British Chancellor, on April 17, 2025 in the Rachel Reures in the round table during the visit to the English steel area in Scunthorpe, England.
WPA pool | Getty Images News | Getty pictures
The British treasure is preparing to determine the daily expenditure and investment plans for all government agencies on Wednesday, to determine investment plans for all public branches.
‘In terms of expenditure period’, the Labor government will exercise public services, welfare and energy, such as school and police, how the people will leave for public services. Science and technological projects can handle economic growth.
The opinion covers capital expenditures aimed at improving infrastructure and government services such as the government’s expenses – the government’s expenses and management costs, as well as new roads, hospitals and military equipment.
Now England Watchers are waiting to see where the ax is where the ax falls when it comes to individual government branch budgets. The government has already committed commitment Cost higher defense, shipment and healthBut the cuts are expected elsewhere.
Police, affordable housing, environment and local management control departments funding was reportedBritish Finance Minister Rachel Reeves and various government ministers are conducting awkward in recent weeks because they are looking for greater budgets from the treasury.
Metropolitan police, June 7, 2025 in the United Kingdom.
Mike Kemp | In the pictures | Getty pictures
Official spokesman for the Prime Minister on Monday, the talks on the spending review are finally over.
“The cost of spending is resolved – we will be aimed at investing in Britain, which all working people are better.” “The first case of the government was to stabilize the economy and public financial and state funds, and now we act in a new chapter to loily and change the promise.”
Spend review, British Prime Minister Keir Starmer’s priorities and Reives will show a lot about the choices, the Independent Institute of Thinking, the Independent Institute, the independent institute is inevitable for some government departments.
“The government will not choose to prioritize where the place where the money is in this expenditure review, that is, some departments will be disappointed.” This He said in analyzes last week.
“Daily spending is only annual that it will increase by 1.2% a year, which means an average of 1.3% decrease for medium calculations for health, children’s care and defense.”
Investment costs will be higher than in previous years, but will not be public funds to meet the long-term list of management, if the NHS accelerates the grid, and requires a fairly well spent on the expenditure of the grid. “
Buyers, on April 16, 2025, the UK passes along the high street in England.
Bloomberg | Bloomberg | Getty pictures
The 2025 spending review is calculated as a subtle balance movement for a great moment and reeves for the Labor government.
Governments often borrow to finance public expenditures, but Reeves promised to take Britain’s public finances in order. Determined to apply itself “Financial Rules” Daily spending is dictated by tax revenues and the public debt should fall as a share of economic speech in 2029-30.
Thus, the Chancellor Reveves left a small room for maneuvering to maneuver if he did not violate his limitations
“Everything about it is politically – it is probably based on the cuts of welfare.
“The easiest way to balance books is a surprisingly not a surprisingly need to reduce the required amount of great spending – we also hear about the concerns about potential changes in the autumn investment tax.”
Some economists are doubtful that the government’s expenditure and investment plans are hopeless to grow further taxes to finance future expenses.
“With global trade uncertainty with weak business and consumer confidence, Britain’s economic benefits seem impossible to seem impossible to improve soon,” The General Economist, Moody’s Analytics, noted the spending review.
“Towards the government’s financial rules, subsequent tax increases in the subsequent budget, but seem inevitable.”