Rahel reeves Is Reviewed his first expense as a Chancellor after months of bitter conversation With his cabinet colleagues.
she has What amount was unveiled to deduct some departmentsLabor is returning the allegations of fuel to the country on penance agenda Traditionalist,
But Chancellor has also printed cash In major areas, when she bids to convince voters that labor is listening to their concerns and reversing the party’s decline in elections.
Independent What is the expenditure review, and, important, what is not …
£ 15bn boost for regional transport
Chancellor highlighted £ 15.6 billion transportation in the city areas of England as part of an investment race of £ 113 billion.
The £ 15.6 billion package for the mayor officials included the funds to expand the metro in the wearing, Greater Manchester And with West Midlands, a renewed tram network in South Yorkshire and a new mass transit system in West Yorkshire.
£ 16BN cash for nuclear projects
The expenditure review was also £ 16.7 billion for nuclear power projects, including £ 14.2 billion for the new size C power plant in Safok.
Borders promote
Ms. Reeves spent hundreds of crores of pounds to secure Britain’s borders. She is offering up to £ 280 million per year for the Border Security Command, with Labor to set up people to deal with smuggling gangs.
And he confirmed that the government would end the use of asylum hotels by 2029, which would save taxpayers billions of pounds.
Skills and industry funds
Ms. Reeves has promised to the country a promise of £ 22 billion per year per year in Research and Development Fund, highlighting the capacity for AI developed in the UK to “solve challenging challenges” in front of the country.
He announced the government’s AI action plan and £ 2 billion for £ 6 billion to encourage start-ups to grow in Britain.
£ 39bn to fund social and cheap homes
The review promised £ 39 billion in the next decade, which is to fund affordable housing as the largest investment in a generation.
Ms. Reeves planned to be almost double the annual investment in affordable homes by 2021 and 2026 compared to £ 2.3bn. This money will go to local authorities, private developers and housing associations.
£ 30bn cash for NHS expenditure
NHS was one of the big winners in the next week’s reviews, with an increase of up to 30 billion pounds at the expense of other public services.
The Department of Health and Social Care received one of the largest settlements in the government’s expenditure review, while other areas faced cuts.
Its budget will increase by 3 percent every year for three years – cash hike of £ 29 billion by 2028.
£ 3 bus fare
Chancellor also extended £ 3 caps at a bus fare by 2027, arguing that a single trip between Leeds and Scarborough could be spent as £ 12 without it.
School budgets increased
The Chancellor has promised an uplift of £ 4.5 billion in the budget for schools every year, with £ 2.3 billion each year to fix “our collapse classes”.
Ms. Reeves said that her school experience in the 1980s and 1990s, including teaching in temporary classes, was shown to invest in schools. He wrote Independent On the same subject last week,
Millions for Welsh Railway
Ms. Reeves also rolled £ 445 million to pay for upgradation of Welsh Railway.
… two-child profit hats?
Labor backbenchers must be feeling late by Ms. Reeves after reviewing her spending. Expectations were created that a climb by the government was adjacent to the two-year-old profit cap of Tory-era.
However, in a review of a spending with some positive surprise, the Chancellor gave an opportunity to raise a cap hate from Labor MPs.
And nothing for London
Sir Sadiq Khan In London, there is a disturbance about the lack of investment and the refusal of the Treasury, which gives the mayors the power to carry tourist taxes.
London Mayor ASO fought for support for several transport projects and also a sufficient increase in funds for the metropolitan police – failing to win over Ms. Reeves.
After the review, Mr. Khan said: “I am worried that the review of this expenditure may lead to insufficient money for Mate and less police officers.
“It is also disappointing that there is no commitment to the Treasury today to invest in the new infrastructure.
“We will not be able to build new affordable houses until the government invests in such infrastructure in our capital.
