Overview

• The NHS is set to receive up to £30 billion extra over the next three years, raising its day-to-day budget by 2.8 percent annually in real terms.
• The government will allocate £86 billion to science and technology R&D over four years, including £22.5 billion per year and up to £500 million per region for local projects.
• Defence spending will increase to 2.5 percent of GDP by 2027, adding roughly £5 billion a year to the Ministry of Defence budget.
• Chancellor Rachel Reeves plans to boost capital investment by £113 billion annually, funding major infrastructure projects such as Sizewell C and regional transport schemes.
• Police forces, local councils and other unprotected services face real-terms cuts, with councils warning of an £8 billion shortfall by 2028–29 and public sector pay rises further straining budgets.