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Leaders with Francine Lacqua

In the City: Can the UK Spending Review Turn Ambition into Action?

Leaders with Francine Lacqua

Bloomberg

Management, Business, Careers, Entrepreneurship

4.664 Ratings

🗓️ 5 June 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

With the UK government’s spending review fast approaching, all eyes are on Westminster. In a matter of days, the public will gain a clearer sense of how funding is set to be allocated across departments over the next three years. There’s growing speculation that Chancellor of the Exchequer Rachel Reeves will make a significant push on infrastructure—a signal, perhaps, of shifting priorities.

In this week’s episode of In the City, hosts Allegra Stratton and Francine Lacqua sit down with Sam Richards, chief executive of the think tank Britain Remade to unpack the upcoming review and step back to look at the bigger picture: Could this mark a real turning point? 

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Transcript

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1:01.2

Bloomberg Audio Studios, Podcasts, Radio News. Welcome to In The City. Each week we unpack a story that's crucial to the world's financial

1:21.8

capitals. I'm Allegra Stratton and I'm Fron-Lakwa. Now, the government's spending review is just around the corner.

1:28.8

Next week, we're going to get a clearer picture of how funding will be allocated across departments for the next three years.

1:35.2

Can you believe it?

1:36.3

There's growing speculation that Rachel Reeves, the Chancellor, will make a significant push on infrastructure, a signal perhaps of shifting priorities.

1:46.2

Welcome to the City of London.

1:48.6

The City of the City.

1:49.3

The City of London.

1:50.9

The next station is bank.

1:53.4

Please mind the gap between the train and the platform.

...

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