Category: Spending review 2020

Dominic Raab says legislation is needed to cut UK aid spending

Foreign secretary says it is not known when 0.7% target, set in law, will be restored Follow all the day’s political developments – liveThe foreign secretary has decided legislation is required to cut the aid budget...

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Sunak’s Covid rescue plan ‘will fail to help long-term wage stagnation’

Decade-long squeeze on pay packets in UK set to continue despite extra Treasury spending, thinktank saysThe government’s plans to rescue Britain from the Covid crisis will fail to end a decade-long squeeze on wages,...

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UK will need £27bn of spending cuts or tax rises, watchdog warns

Office for Budget Responsibility says tough decisions needed to fill spending gap by 2024The government will need to find up to £27bn worth of spending cuts or tax rises by 2024 to put the public finances on a sustainable...

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UK politics live: Boris Johnson to face Keir Starmer at PMQs before Rishi Sunak delivers spending review

Latest updates: PM to face Labour leader before chancellor is due to deliver spending review with UK economy in deep recession due to coronavirusWhat will be in Rishi Sunak’s mini-budget?Coronavirus – latest...

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UK politics live: Sunak tells cabinet OBR figures about economic damage from Covid will be ‘sobering read’

Latest updates: Rishi Sunak to deliver one of the toughest spending review statements ever with the UK economy in deep recession due to coronavirus What will be in Rishi Sunak’s mini-budget?Coronavirus – latest...

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Five things to watch out for in Rishi Sunak’s spending review

The chancellor’s scope for long-term planning on Wednesday is limited – but there may still be significant signals of change The Covid-19 pandemic has forced Rishi Sunak to postpone both his planned autumn budget and...

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