Overview

• The NHS will see its day-to-day budget rise by 2.8% annually, totalling up to £30 billion more by 2028.
• The Treasury has earmarked £113 billion for capital projects outside London and the South East under looser borrowing rules.
• Defence spending will climb from 2.3% of GDP to 2.5% by 2027 with plans to reach 3% by 2034.
• Schools are set to receive an additional £4.5 billion a year by 2028-29, and research and development will secure £86 billion through 2030.
• Police budgets will gain real-terms increases, with cuts imposed on other Home Office areas after final negotiations.