Poging GOUD - Vrij
Defence and health likely to be big winners
The Guardian
|June 11, 2025
Here are the key considerations - and charts - that will underpin the chancellor Rachel Reeves' decisions in the spending review:
Rising borrowing costs
Borrowing costs for governments worldwide have risen sharply in the past year and the chancellor has pledged to stick to her "ironclad" fiscal rules despite pressure to mend public services and raise spending on defence. Bond market investors will be watching Reeves closely, after a rise in the yield - in effect the interest rate - on longterm UK government debt to 5.2%.
Health and defence
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