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Public Finance

Asked by James CartlidgeConservativeTreasuryTabled Answered 5 November 2024UIN 12125

The question

To ask the Chancellor of the Exchequer, with reference to her Department's policy paper entitled Fixing the foundations: public spending audit 2024-25, updated on 2 August 2024, whether the results of the Spending Review will be announced at a future fiscal event.

Answered by Darren Jones

The results of ‘Phase 1’ of the Spending Review, announced in July, were laid with the Autumn Budget on 30 October. 'Phase 1’ covers the financial years 2024-25 and 2025-26. The Budget fixed the envelope for ‘Phase 2’ of the Spending Review, which will conclude in late spring 2025.

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