Everything you need to know about the Spending Review 2025

The 2025 Spending Review (SR) represents a critical inflection point for a Government elected on a one-word platform: change. Against a backdrop of tight fiscal constraints, competing priorities, and ambitious delivery targets, the SR sets out how departmental spending will be allocated over the next three years, and capital investment over four.

Our latest report aims to demystify the SR 2025 and answer three key questions:

  1. Who are the ‘winners’ and ‘losers’?
  2. What does the Spending Review reveal about the Government’s priorities?
  3. Do the Government’s plans reflect a genuine ambition to rebuild Britain’s public services?

In doing so, the report will provide:

  • An analysis of the key trends within the Spending Review.
  • A sector-by-sector assessment of the implications for Housing, Energy, Science, Technology, Infrastructure, and the Environment.
  • An evaluation of the SR’s fiscal credibility and its potential impact on economic growth.

Download the full report by filling out the form below.

Image source: @RachelReevesMP via X