Key points at a glance from the Spending Review

The contents of the UK's first multi-year spending report since 2021 have been revealed by Chancellor Rachel Reeves. The analysis determines the day-to-day budgets of government agencies for the next three years, and it can be used to pay employees and provide public services. It also sets their investment budgets for new facilities such as hospitals, schools, and military kits until the end of the decade. Here is a summary of the main points.