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The Chancellor’s Spending Review

By November 27, 2020No Comments

Introduction

On Wednesday, November 25th Chancellor Rishi Sunak delivered his Spending Review for next year to the House of Commons. In the absence of an Autumn Budget, the statement to the Commons set out the Government’s spending commitments for 2021/22.

The Chancellor had announced some time ago that there would not be a formal Budget this autumn, because of the current economic uncertainty. Instead, the rather less formal Spending Review took centre stage.

The overall theme of the speech was “jobs, businesses and the public services” as Sunak promised a “once in a generation investment in infrastructure, creating jobs, growing the economy and increasing pride in the places we call home.”

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