Rachel Reeves Defends Spending Review Amid Criticism of Cuts and Banker-Led Panels

The Chancellor insists her approach targets waste without reducing real-term government spending, but critics warn of austerity-like impacts on public services.

Chancellor Rachel Reeves has mandated a 5% efficiency savings target across government departments as part of a zero-based spending review.
Reeves argues that her approach differs from past austerity measures, emphasizing real-term increases in spending and the elimination of waste.
Critics, including unions and opposition groups, have raised concerns about potential cuts to key services like mental health and education, likening the measures to 'Austerity 2.0.'
The review has drawn scrutiny for appointing bankers and private sector experts to assess government spending, with detractors questioning their role in public sector cuts.
Labour's spending priorities include housing, healthcare, policing, and green energy, but other areas not listed as priorities may face reduced funding.