Member

These are the principles that will guide me at the Budget, but let me be honest: challenging trade-offs will remain, so today I am launching a multiyear spending review. This review will set departmental budgets for at least three years, providing the long-term certainty that has been lacking for too long. As part of that process, final budgets for this year and budgets for next year, 2025-26, will be set alongside the Budget on 30 October.