
Despite the cuts announced in the Chancellor’s Spring Statement, spending on public services is set to be on average £43 billion higher over the years of the upcoming Spending Review, compared with what was set out by the previous Government at the 2024 Spring Budget. But with much of this extra spending front-loaded to this year and next, questions remain about funding pressures in the years after that. These services are vital for families – providing ‘in kind’ benefits which provide a huge boost to the living standards of lower-income households. So future provision will make a difference to the outlook for living standards.
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