On the day briefing: Spending round September 2019
The government has set out spending plans for 2020/21. This was a one year 'fast-tracked' spending round, and a full spending review will be held in 2020, reviewing public spending in the round and setting multi-year budgets. As departmental capital budgets already existed for 2020/21, the spending round focused on revenue spending.
Chancellor Sajid Javid delivered today’s speech against a backdrop of political uncertainty, with the House of Commons set to debate a bill today designed to prevent the UK leaving the EU without a deal and to vote on whether to hold an early general election.
The statement sets the tone for a potential general election campaign, with the chancellor committing to providing “additional money on the people’s priorities of healthcare, education and tackling crime” and to additional borrowing, areas seen as traditional Labour territory.
This briefing outlines the economic headlines in the Spending Round, key announcements for health and the wider economy, and NHS Providers’ response.