Reeves’s spending review was big on the long term but light on the everyday
by Heather Stewart Economics editor from World news | The Guardian on (#6XXKV)
Her capital-heavy approach will fuel pressure for commitments that make a more immediate difference to people's lives
Blackpool, Cardiff, Teesside, Kirkcaldy: Rachel Reeves's spending review speech was peppered with more regional shout-outs than a drive-time radio show.
Changing her fiscal rules in the autumn freed up 113bn for extra capital investment over five years by allowing the Treasury to net off financial assets against its debts.
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