Chancellor Rachel Reeves is set to unveil this week's Spending Review, determining budgets for vital public services like the NHS and outlining investment plans for infrastructure projects. Scheduled for presentation on June 11, the review will detail how much taxpayers' money will be allocated across different departments. While day-to-day spending is projected to rise by an average of 1.2%, investment is expected to increase by 1.3% over the next few years. The modest budget growth may necessitate sharp trade-offs in departmental funding, raising concerns about resource allocation.
The Spending Review will set out how much taxpayers' money will be spent on crucial services like the NHS, along with new public transport investments.
The government has indicated a modest rise in day-to-day spending by 1.2% and an increase in investment of 1.3% per year, creating potential challenges.
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