Rachel Reeves pushes back multiyear UK spending review until June

Roula Khalaf, Editor of the FT, curates the Unlock the Editor’s Digest, featuring top stories. Labour’s Rachel Reeves delays the UK Treasury’s multiyear spending review to June, causing uncertainty for government departments. Reeves faces tough decisions balancing public service investments amid a challenging fiscal outlook, with the delayed review likely to impact the government’s fiscal rules and economic forecasts.

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