Rachel Reeves is increasing overall budgets, but some departments face bigger spending cuts than othersRachel Reeves usually avoids any mention of the word “austerity” in connection with her fiscal policies, but on Wednesday, she decided to tackle the argument head on.“In this spending review, total departmental budgets will grow by 2.3% a year in real terms,” she told MPs as she announced the next stage of her spending review. Continue reading... Source link : https://www.theguardian.com/politics/2025/jun/12/rachel-reeves-labour-spending-review-does-it-signal-return-to-austerity Author : Kiran Stacey and Richard Partington Publish date : 2025-06-12 17:58:00 Copyright for syndicated content belongs to the linked Source.