Chancellor says details of winter fuel payments policy will be announced soon, amid questions over police funding in spending review
Reeves says her changes to the fiscal rules last year will make more investment possible.
The decisions that we made in October mean that, for the first time, the Treasury actually takes account of the benefits and not just the costs of investment, and together, the fiscal rules mean that, unlike our predecessors, we will not be balancing the books by cutting investment.
And that is why we can increase investment by over £113bn more than the last government plans, meaning public investment will be at its highest sustained level since the 1970s.
I have had to say no to things that I want to do too, but that is not because of my fiscal rules. It is the result of 14 years of Conservative maltreatment of our public services, our public realm and of our economy.
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Source link : https://www.theguardian.com/politics/live/2025/jun/04/rachel-reeves-transport-spending-police-starmer-badenoch-corbyn-uk-politics-live-news
Author : Andrew Sparrow
Publish date : 2025-06-04 10:49:00
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