Article VNWW What is George Osborne's spending review?

What is George Osborne's spending review?

by
Larry Elliott Economics editor and Heather Stewart
from on (#VNWW)

The chancellor is to set out his four year spending plans and he needs a 20bn surplus by 2020 - this is what he has to do

The comprehensive spending review that George Osborne will announce on Wednesday will set out how the government intends to spend taxpayers' money for the next four years, covering the period up until the next election. It is one of the key moments of the 2015-20 parliament.

He will also set out the autumn statement, which is the government's update on its plans for the economy and includes new forecasts for growth and public finances from the Office for Budget Responsibility.

Related: Autumn statement 2015: five key charts

Related: Autumn statement: As reality bites, revulsion could yet sink Osborne and Cameron | Polly Toynbee

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