Spending review: What does it mean for me?
This Is Why
Sky News
4.0 • 552 Ratings
🗓️ 11 June 2025
⏱️ 22 minutes
🧾️ Download transcript
Summary
Rachel Reeves says departmental budgets will grow by an average of 2.3% a year, prioritising health, defence and infrastructure projects - but how will this be paid for? And does this make a change for working people as promised by her government?
In today’s episode, political correspondent Tamara Cohen speaks to economics and data editor Ed Conway about the ambitious figures.
Producer: Emily Hulme
Editor: Philly Beaumont
Transcript
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| 0:56.7 | Legacy to find out how. We are renewing Britain. But I know that too many people in too many |
| 1:07.4 | parts of our country are yet to feel it. That's the Chancellor outlining her spending review that the government have been talking |
| 1:14.5 | about for months, but what will it mean for me and you? |
| 1:20.9 | Rachel Reeve stood up in the Commons for 45 minutes and told us all how the government |
| 1:25.3 | will spend its money over the next three years. |
| 1:28.6 | The priorities of this spending review are the priorities of working people. |
| 1:34.0 | To invest in Britain's security, in Britain's health, and to grow Britain's economy so that |
| 1:40.6 | working people are better off. That is my choice. That is Labor's choice. It sounds like |
| 1:45.9 | a dry spreadsheet exercise, but it is important. The spending review outlines what Labor's |
| 1:51.7 | priorities are for the rest of their time in office, the winners, health, defence, affordable |
| 1:57.8 | housing and big infrastructure projects. |
| 2:05.7 | I'm Tamara Cohn and this is the Sky News Daily and today we're asking, |
| 2:08.4 | will you and I really notice the difference? |
| 2:11.3 | And with me is Ed Conway, our economics and data editor. |
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