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Spending review 2025: who are the winners and losers?

Rachel Reeves has announced big boosts to capital spending, but is squeezing the budgets of most government departments. How happy will ministers be?

  • Spending review: key points at a glance

  • Politics live: Reeves delivers spending review

For most government departments, the spending review has been a game of two halves. There are huge boosts to capital spending for some – from nuclear energy to school rebuilding to rail to super computers.

But those projects will take a long time to build before voters can reap the rewards. And on day-to-day spending, there is a big squeeze on most departments.

Continue reading…

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