UK Finance Rachel Reeves said on Wednesday that she will give priority to health, defense and infrastructure projects to enhance economic growth in an attempt to reformulate the government's offer to a better future for voters with increasing disappointment.
In defining the daily budgets of government departments between 2026 and 2029, in addition to investment plans by 2030, Reeves described the priorities of their spending review as “workers”, with the aim of providing a better life for this part of the population.
In order to enhance investments in the most clean housing, transportation and energy projects, Reeves wants to prove that the government meets the transformation plan. However, with more health and defense resources, it is expected to reduce daily spending.
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She said in a session in Parliament: “These priorities for spending these spending are the priorities of workers – investment in safety and health in the United Kingdom and make the economy grow so that workers have a better life,” she said in a session in Parliament. “The options of this review were only possible thanks to the obligation to economic stability,” he added.
REEVES has set the total spending in the budget provided in October, and its plan is funded by the largest tax increase in the bases of generation and more flexible tax rules that facilitate obtaining loans to cover long investments in the long run.
Their decisions should start to provide results quickly if the Labor Party wants to achieve their goals to increase the rate of UK growth and improve the quality of public services.
It continues after the announcement
She stated that the budgets of government departments will increase by 2.3 % annually with the real number, as another 190 billion pounds are offered for daily spending on public services compared to the previous government plans.
Since its widespread electoral victory in July last year, the Labor Party has witnessed its decrease in its popularity, and Reeves itself decreased its prices after the government made discounts in fuel payments to the elderly and the advantages of persons with disabilities.
