IFS says tough public spending choices unavoidable
- Chancellor Rachel Reeves will announce the UK's spending review on 11 June 2025, setting budgets for NHS, defence, schools, and other departments.
- The government front-loaded spending in early years but must now slow funding increases, causing a trade-off between NHS growth and cuts in unprotected areas.
- The Treasury holds about £100 billion capital for investment in neglected towns and city outskirts, aiming to rebalance regional spending and support infrastructure.
- The Institute for Fiscal Studies warned that increasing NHS and defence budgets means real-terms cuts elsewhere and that 'ruthless prioritisation' is needed for public services.
- The spending review's outcome will determine funding priorities amid pressure from councils facing gaps and opposition parties challenging fiscal policies amid stalled growth.
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Rachel Reeves to splash billions of pounds in North and Midlands under major rule change - The Mirror
Chancellor Rachel Reeves is expected to reprioritise funding outside of London and the South East - with tens of billions of pounds of investment in road, rail and green energy projects
·London, United Kingdom
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