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Spending Review Now Settled, Says Downing Street

  • The government has settled its spending review negotiations, with Chancellor Rachel Reeves to announce funding plans on Wednesday.
  • This followed intensive budget talks, with the Home Office as the last department to finalize its spending deal on Monday morning.
  • Reeves aims to allocate about £113 billion freed by looser borrowing rules to boost the NHS, defence, schools, infrastructure, and research.
  • London officials, including Mayor Sadiq Khan, fear the announcement may exclude new funding or projects for the capital, raising concerns about public services and growth.
  • The review may force budget squeezes in some areas, while experts warn of risks from rising debt and potential economic strain if borrowing continues.
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Spending review is ‘settled’, says Downing Street

Chancellor Rachel Reeves will deliver the spending review on Wednesday.

·London, United Kingdom
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  • 45% of the sources are Center
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City AM broke the news in London, United Kingdom on Monday, June 9, 2025.
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