Spending review cut to one year

02 November 2020
 

The Chancellor will announce the outcome of a one-year spending review for all Government departments on 25 November. The original plan was to set departmental resource budgets for three years (2021/22-2023/24) and capital budgets for four (2021/22-2024/25) and devolved administrations’ block grants for the same period. The ongoing Covid-19 pandemic has prompted a rethink. Departmental resource and capital budgets and the block grants for the devolved administrations will be set for...

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