UK Government Spending Review
Domestic government spending and borrowing levels can have a significant impact on the economy - increased spending generates work for contractors and creates jobs, while borrowing levels impact the nations credit rating and provide insight into the nation's underlying fiscal position;
This document outlines the government's 4-year spending plan across departments to meet pre-determined total spending levels. Spending is allocated according to economic and political priorities;
- History
| Expected Impact / Date | Description |
|---|---|
| Jun 26, 2013 | |
| Oct 20, 2010 | |
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- UK Government Spending Review News
From bbc.co.uk|Jun 26, 2013Chancellor George Osborne is to set out where a further £11.5bn of government cuts will come from, when he lays out his Spending Review later. Most Whitehall departments face budget reductions of 8% to 10% in 2015-16, but health and schools in England and the overseas aid budget are ring-fenced. The government says it has made good progress in cutting the budget deficit and that further savings are necessary. But Labour says the coalition's economic plan has failed. Mr Osborne will outline the Spending Review, covering the ...
| Released on Jun 26, 2013 |
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- Details