What is it and what might Rachel Reeves announce?

Chancellor Rachel Reeves is facing some difficult choices in the upcoming Spending Review, which sets the budgets for all government departments over the next few years.

The review will confirm how much taxpayers’ money will be spent on the NHS and other public services used by millions, as well as how much money the government plans to invest in projects like new public transport schemes.

The Spending Review will be delivered by Reeves on Wednesday, 11 June.

In October she set department budgets for 2025-26, and will now confirm spending allocations for the following three to four years.

Reeves has already set out what is known as the “spending envelope” – how much total…