Seven ways the Spending Review affects you

All the talk of departmental budgets and fiscal rules may feel somewhat distant from the cost of groceries and the rest of the family finances.

The Spending Review is not a Budget in which taxes are changed or a host of new policies announced. But, don’t be mistaken, it will have an impact on your finances.

Here are seven ways you could see a change.

Workers in various sectors – from police officers to lecturers, soldiers to carers – have been watching closely to get a sense of the outlook for their jobs and wages.

Remember the timescale here: Chancellor Rachel Reeves has outlined spending from 2026, so the impact will not be immediate.

But the defence sector and the NHS are getting a significant amount of…