Autumn Budget set for 27 October
September 21, 2021
The government has confirmed on 7th September that a full Spending Review (SR) will be held alongside the Budget on 27 October, and published its overall spending ‘envelope’ – the total pot of money to be allocated between departments at the SR. These new spending plans cover 2022/23, 2023/24 and 2024/25 and represent a return to multi-year budgeting which have proved impossible during the pandemic.
See: An initial response to the Prime Minister’s announcement on health, social care and National Insurance – Institute For Fiscal Studies – IFS