After a difficult first year at Downing Street, the Labor Prime Minister, Keir Starmer, and his Chancellor of L'Échiquier, Rachel Reeves, seized the opportunity for the Spending Reviewthe budget allocation by major spending posts by 2029, to try to revive popularity in free fall. The day before, Rachel Reeves had prepared the land, confirming to renounce the very first measure she had taken by arriving at the Chancellery in July 2024: the abolition of an energy allowance for retirees. This abolition, affecting 11 million British, contributed to the catastrophic Labor Party results in the local elections of 1er may. This ballot has confirmed that the far -right party Reform UK is now the favorite choice of popular classes.
On Wednesday, the Chancellor of the Echiquier announced more than 110 billion pounds in investment sterling, to finance a new nuclear power plant (Sizewell C, in Suffolk) and the upgrade of numerous rail links in the center and northern England, neglected by previous conservative governments. The NHS, the British health system totemic, will benefit from an additional injection of almost 30 billion pounds per year for its operation. Defense, third high priority of the Starmer firm, also sees its budget increase as expected to 2.6 % of the gross domestic product (GDP) in the country by April 2027 (11 billion additional pounds per year).
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Source: Lemonde