Government launches autumn Comprehensive Spending Review
The Government has released the 2020 Comprehensive Spending Review which sets out spending plans for the Parliament. The Review will be published in the autumn and will set out departments’ resource budgets for the years 2021/22 to 2023/24 and capital budgets for the years 2021/22 until 2024/25, and devolved administrations’ block grants for the same period. A fixed spending envelope has not been set by the Chancellor who acknowledged that spending will grow in real-time across the CSR period.
‘Tough choices’ will be needed in the deliberations on spending. Departments have been asked by the CSR team to identify opportunities to reprioritise and deliver savings in their work. A series of conditions will also accompany the CSR, which departments will need to fulfil in order to assure they are delivering on Government’s priorities. As part of the CSR’s priorities, jobs and skills will be a key focus as Government attempts to bolster the UK’s recovery from coronavirus.
Other priorities will include investing in infrastructure, innovation and people, something that will spread opportunity, maximise the amount of productivity and increase the value of each hour worked. The NHS will be supported by the spending package, along with technologies from science that seek to achieve net zero carbon emissions by 2050. Departments will be assured of appropriate processes and structures being put in place to facilitate prompt and within budget deliveries of Government plans. The Chancellor Rishi Sunak said that the CSR ‘will honour the commitments made in the March Budget to rebuild, level up and invest in people and places spreading opportunities more evenly across the nation’.
BIVDA will be considering our response to the CSR and please send any ideas for inclusion to email@example.com