Coalville MP Says Chancellor's Spending Review Invests In UK's Recovery From Coronavirus Crisis
* Spending Review commits to billions of pounds to help tackle coronavirus next year, including £18 billion to fund our programmes on community testing, test and trace, PPE and vaccines.
- Increased funding to deliver stronger public services – including in schools, hospitals and our police force.
- £100 billion capital spending including infrastructure to drive UK's recovery and support jobs – levelling up across the United Kingdom as we build back better from coronavirus
As part of the Government's commitments to fund the nation's priorities, the Spending Review confirmed:
- A further £55 million to help with our response to coronavirus – including £18 billion for mass testing, Test and Trace, PPE and vaccines, and £3 billion to support NHS recovery.
- A funding boost for the NHS. Next year, the health budget will grow by £6.6 billion, allowing the delivery of 50,000 more nurses and 50 million more GP appointments. Investing in new technologies, building 40 new hospitals, upgrading 70 more and replacing the vast majority of ageing diagnostic equipment.
- More money for schools, meaning every pupil in the country will see a year-on-year funding increase of at least two per cent. The Government is also funding a commitment to rebuild 500 schools over the next decade and are providing £375 million to deliver the Prime Minister's Lifetime Skills Guarantee.
- £400 million to recruit 6,000 new police officers – with the Government saying it is on track to meet its manifesto pledge to recruit 20,000 more police officers by 2023.
- More than £24 billion investment in defence – the biggest sustained increase in 30 years – with the Government saying it can provide security not just for the UK, but around the world.
- An increase in core spending power for local authorities by an estimated 4.5 per cent, along with over £3 billion of additional coronavirus support and an extra £254 million of funding to tackle homelessness and rough sleeping.
- Capital spending of £100 billion next year, meaning investment in roads, rail, hospitals, schools, broadband and housing.
- A new Levelling Up Fund, worth £4 billion in England and £800 million in Scotland, Wales and Northern Ireland, to build the infrastructure of everyday life.
- A new National Infrastructure Strategy, and a new UK infrastructure bank - headquartered in the north of England - to work with the private sector to finance major new investment projects across the UK.
- Support for every country across the United Kingdom, increasing Scottish Government funding by £2.4 billion, Welsh Government funding by £1.3 billion, and £900 million for the Northern Ireland Executive.
Chancellor of the Exchequer, Rishi Sunak MP said: "Today's Spending Review delivers the priorities of the British people. Our health emergency is not yet over, and the economic emergency has only just begun; so our immediate priority is to protect people's lives and livelihoods.
"But today's Spending Review also delivers stronger public services - paying for new hospitals, better schools and safer streets.
"And it delivers a once-in-a-generation transformation in our approach to infrastructure. Creating jobs, growing the economy, and increasing pride in the places people call home."
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