UK Government Spending Review 2020
Late November should have seen the Chancellor announce his Autumn Budget and a comprehensive spending review covering the next three financial years. Like many other plans, the uncertainty created by the pandemic has put both on hold. In their place was a Financial Statement, primarily addressing a one-year spending review, with a nod to the red ink contained in the Office for Budget Responsibility’s (OBR) Economic and Fiscal Outlook.
Click here for full details of the UK Government Spending Review 2020.