Seven ways the Spending Review affects you

All things of departmental budget and fiscal rules can feel some distance away from the cost of food and your finance.

The expenditure review is not a budget in which taxes are replaced or a host of new policies is declared. But, don’t be foolish, it will affect you and your money.

There are seven ways from which you can see a change.

If you work in the public sector, your job or your salary may be directly affected.

Defense sector and NHS are getting a significant amount of government funding. Will see science and tech investment; Other areas are very few.

Over the next three years, home office funding is 1.7% per year, the foreign office loses 6.9% per year, mainly in aid spending, the transport department loses 5% per year, the environment and rural matters lose 2.7%, and trade and trade lose 1.8%.

Some of these cuts are associated with specific savings, but it can also mean a squeeze on jobs and wages in those areas.

Chancellor Rachel Reeves has also announced some long -term projects, which will create new jobs in time. For example, giving Proceed to new size C nuclear plant Ministers say that 10,000 direct jobs and thousands of people will be made in thousands of businesses.

Any child in England Claim free school food from September 2026,

Universal credits have a benefit to low -income people, many of which are in work. Currently, a house must earn less than £ 7,400 per year to qualify for free school food in England.

All primary school children in London and Wales can currently use free food. In Scotland, all children are eligible in the first five years of primary school, as well as all children from families receiving Scottish hair payment benefits.

Parents in northern Ireland can apply if they get some benefits and are below an income range that is almost double from the current England level, at £ 15,000.

Chancellor promised funds for “renewal” projects in 350 communities, such as improvement in parks, youth facilities, swimming pools and libraries.

However, documents strongly suggest that the council tax will increase in future to improve the spending power of local authorities.

In addition, local government funding is likely to increase slightly and it affects many things such as social care for older people, the cost of various local services or parking permits. Or, over time, it can be as simple as the cost of a garden waste bin.

In UK countries, many areas of policy develop, and this can give birth to A. Complex funding structure It will require analysis.

Reavs said, through the funding formula, the government in Scotland will receive £ 52bn from 2026 to 2029, £ 23bn for Wales, and £ 20bn for North Ireland.

In October, just £ 2 cap on rent was raised up to £ 3, covering most bus trips in England.

It was scheduled to last by the end of 2025, but now the government says it will run “at least” until March 2027. There are separate bus caps in London and Manchester.

The Chancellor also promised plans to develop Northern Powerhouse rail from Liverpool to Manchester.

The government will also invest money for the construction and improvement of tram networks in Greater Manchester, West Yorkshire and Midlands.

The Newcastle to Sunderland Metro line will also receive an extension, while approximately £ 1bn will lead to improving train services in the southwest of England.

In the last winter, winter fuel payments – which helps cover energy costs during the coldest months – only went to low -income pensioners in receipt of pension credits.

In this winter, it will go to all pensioners in England and Wales, who have an annual taxable income of £ 35,000 or less. apart Policies in Scotland And Northern Ireland can now reconsider.

details of Conversion of policy Came on Monday, although how it is paid, will not be clear until the budget of autumn.

Treasury stated that £ 1.25BN would cost to restore the payment, either £ 200 or £ 300, millions of pensioners.

It is quite difficult to get your head around the numbers included in the mammath project to build A new nuclear power plant,

A total of £ 17.8bn of taxpayers is pledged for a new size C plant in Safok to date.

Treasury will borrow that money, but interest on that loan is paid through domestic energy bills. The government estimates that a bill will be about 1 pound per month.

However, the minister emphasizes that long periods – perhaps in nearly 10 years time – it would significantly reduce domestic domestic bills, the plant was not built compared to bills.

The Chancellor confirmed his manifesto plan to reduce the use of energy and improve insulation in homes to reduce bills.

A total of £ 39bn is being invested in cheap and social housing in England. It aims to improve the availability of homes for low -income people.

The government says that this investment will help ministers to hit their targets of construction of 1.5 million new houses by 2030.

Money will come in the next 10 years.

But, like many of these policies, there are questions on where the money is coming from, will it need to be on top in time, and will it eventually increase.

Changes in the government’s self-logged rules means that there will be another £ 10bn for homes to promote the construction of homes.