SUBSCRIBERS

Sunak kicks off UK spending review with warning of 'tough choices'

Published Tue, Jul 21, 2020 · 09:50 PM

London

UK CHANCELLOR Rishi Sunak fired the starting gun on a comprehensive review of government spending for the coming years, warning of "tough choices" for some departments in the wake of the Covid-19 pandemic.

The review, which had been planned before the outbreak hit, will be published in the latter half of the year, the Treasury said in a statement Tuesday. Budgets will grow above inflation as the government seeks to reduce economic disparities and boost infrastructure.

"We will honor the commitments made in the March Budget to rebuild, level up and invest in people and places spreading opportunities more evenly across the …

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

VIEW ALL

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here