All the updated news related to government spending review

All the news related to government spending review updated in real time

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Scotland

Tough decisions on ‘taxing and axing’ ahead of spending review, IFS says

The Scottish Government’s spending review will face “tough decisions” between “axing, taxing or hoping for extra funding”, the Institute for Fiscal Studies (IFS) has warned. The Scottish Resource Spending Review report by IFS economists said the ...

27 May 2022 at 18:24

Scotland

Views wanted on how Scottish Budget can address cost-of-living crisis

The public are being asked for views on how the Scottish Government should respond to the cost-of-living crisis in next year’s Budget. Members of the Scottish Parliament’s Finance and Public Administration Committee have launched an inquiry ...

24 Jun 2022 at 01:01

Ministers warned of cuts as ‘every pound’ of spending to face review

Cabinet ministers have been warned they must find more savings in their departments as the Chancellor said “every pound” of Government spending will be scrutinised in a major budget review. Secretaries of State are being told that any ...

10 Dec 2024 at 10:35

Reeves to take ‘iron fist’ to waste as departments challenged to find 5% savings

Whitehall departments will have to find savings of 5% as Rachel Reeves promised to use an “iron fist” to squeeze government waste. The Chancellor and Treasury Chief Secretary Darren Jones have begun work on a sweeping multi-year ...

10 Dec 2024 at 10:50

Northern Ireland

Additional funding will avoid public services cliff-edge, says O’Dowd

Additional money for public services in Northern Ireland will avoid a potential funding “cliff-edge”, Stormont’s Finance Minister John O’Dowd has said. Mr O’Dowd said he had reached an agreement with the Treasury over an ...

11 Jun 2025 at 16:15

City

London stocks climb higher after ‘watershed’ spending review

Stock prices in London ended higher on Wednesday after US and China negotiators announced a “framework” agreement, while UK Chancellor Rachel Reeves unveiled a “watershed” spending review and the US consumer inflation ...

11 Jun 2025 at 17:38

Government ‘putting its money where its mouth is’ with £200m for Acorn scheme

The UK Government is “putting its money where its mouth is”, Energy Secretary Ed Miliband said as it was revealed £200 million is being made available for a carbon capture project in Scotland. Ministers confirmed ...

12 Jun 2025 at 16:24

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