Rachel Reeves is setting out her spending review in the House of Commons.  

It outlines how much funding individual government departments will receive over the next three years and state infrastructure investment for the next four years.

The last spending review took place during the COVID-19 pandemic, and before that, in 2015.

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Here’s what’s been announced so far – please refresh this page for updates.

Defence

A major recipient of funds is the Ministry of Defence. Defence spending will rise from 2.3% of gross domestic product (GDP) to 2.6% by 2027. An £11bn uplift and a £600m uplift for security and intelligence agencies.

Within that there’ll be £4.5bn of investment in munitions made in Glasgow and more than £6bn to upgrade to nuclear submarine production.

Border security

The chancellor goes onto border security, where she says funding will increase with up to £280m more per year by the end of the spending review for the new Border Security Command.

She said the Home Secretary Yvette Cooper will end the costly use of hotels to house asylum seekers by 2029.

The chancellor says funding she has announced today, including from the transformation fund, will also cut the asylum backlog, see more appeal cases heard and “return people who have no right to be here”.

This will save the taxpayer £1bn a year, she says.

Energy

The biggest nuclear building programme for half a century has been announced with £14.2bn being poured into the Sizewell C nuclear power station – which was announced earlier this week – on the Suffolk coastline.

A total of £14bn will go to the Sizewell C nuclear power plant. Another £2.5bn will be invested in a new small modular reactor programme.

A commitment to nuclear was reiterated, with £30bn allocated.

Business

Another record investment amount was announced by Ms Reeves for training and upskilling, £1.2bn a year by the end of the spending review will go to support more than a million young people into training and apprenticeships.

Science and technology

Moving on from energy and infrastructure, the chancellor says she wants the country’s high-tech industries in Britain to continue to lead the world in the years to come.

Research and development funding will go to a record high of £22bn a year by the end of the spending period.

Artificial Intelligence

The chancellor has backed “home-grown AI” with a £2bn investment.

She says the technology has the potential to “solve diverse and daunting challenges” and create “good jobs”.

Housing

Government funding of social and affordable housing has been allocated £39bn – which she called the “biggest cash injection into social housing in 50 years”.

She says she is providing an additional £10bn for financial investments, including to be delivered through Homes England, to help unlock hundreds of thousands more homes.

Transport

The chancellor announced £15bn for new rail, tram and bus networks across the West Midlands and the North. She’s also green-lit a new rail line between Liverpool and Manchester.

She says investments in buses, train stations, metro lines and transit will be made in places including Rochdale, Merseyside, Birmingham and West Yorkshire.

In London, Ms Reeves says there will be a “four year settlement” for the Transport for London and a “fourfold increase” in local transport grants by the end of this parliament.

As expected, the £3 bus cap has been extended to March 2027 £3 bus fare cap. It had been £2 up to the end of 2024.

Nations

On the nations of the UK, the chancellor announced:

• Scotland has been allocated £52bn
• Northern Ireland has been allocated £20bn
• Wales will be allocated £23bn.

Justice

To fund 14,000 new prison places £7bn will be invested with £700m a year going to reform the probation system.

In furtherance of the goal of having 13,000 more police officers in England and Wales, £2bn will be spent.

Education

The chancellor confirms that free school meals will be extended to over half a million more children. She says the policy alone will lift 100,000 children out of poverty.

Nearly £2.3bn a year will go to fix crumbling classrooms. A further £2.4bn will go to rebuild 500 schools.