This Is Why

Spending review: What does it mean for me?

Jun 11, 2025 · 20 min · 19.3 MB
0:00-20:09

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The chancellor has unveiled her long-awaited spending review, which sets out detailed plans for how individual government departments are funded over the next three years. 
 
Rachel Reeves says departmental budgets will grow by an average of 2.3% a year, prioritising health, defence and infrastructure projects - but how will this be paid for? And does this make a change for working people as promised by her government?  

In today’s episode, political correspondent Tamara Cohen speaks to economics and data editor Ed Conway about the ambitious figures.    
 
Producer: Emily Hulme  
Editor: Philly Beaumont