Spending Review: The Key Points

Written By Unknown on Rabu, 26 Juni 2013 | 18.55

The main announcements from the Chancellor George Osborne as he outlines his Spending Review for 2015/16 to MPs in the Commons:

:: Northern Ireland, Wales and Scotland resource budgets set at  £9.6bn, £13.6bn and £25.7 respectively for 2015/16.

:: More than £3bn committed to affordable housing.

:: Local Government & Communities resource budget cut by 10% in 2015/16.

:: Funding to freeze council tax for next two years.

:: Cabinet Office resource budget cut by 10% in 2015/16.

:: Treasury resource budget cut by 10% in 2015/16.

:: Government workers to fall by extra 144,000 by 2015/16.

:: Ending automatic progression pay in public sector - though Armed Forces excluded. Pay rises limited to average of up to 1%.

:: A further £5bn of efficiency savings found in the latest spending round.

:: Total Government spending for 2015/16 will be £745bn.

:: Reform, growth and fairness at the heart of the Spending Review.

:: "Britain is moving out of intensive care and from rescue to recovery."

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