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Cash boost from Autumn Budget and Spending Review

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Chancellor of the exchequer Rishi Sunak has announced the Autumn 2021 Budget and Spending Review, promising ‘a stronger economy for the British people’.

Rishi Sunak

Sunak highlighted the government’s investment in stronger public services, with total departmental spending growing by £150bn a year in cash terms by 2024-25.

Delivering the review in parliament yesterday (Wednesday 27 October), he said that the UK economy is recovering faster than our competitors with stronger public finances, national debt ‘under control’ and stronger employment — latest figures indicate that the economy is on track to reach pre-pandemic levels by early next year.

The review confirmed that by the end of this parliament, resource spending on healthcare will reach over £177bn, a £44bn increase. An additional £5.9bn will be put toward modernisation of digital technology, tackling the NHS backlog of non-emergency tests and procedures and supporting at least 100 community diagnostic centres.

An additional £4.7bn will be invested in England’s core schools budget in addition to £1.8bn of new money for education recovery over the next three years.

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