2019 Spring Budget: Spending Review to conclude alongside the Budget

Renewed focus on the outcomes achieved for the money invested

The Chancellor also confirmed that the government will hold a Spending Review which will conclude alongside the Budget.

Spending Review to conclude alongside the Budget

This will set departmental budgets, including three-year budgets for resource spending, if an EU exit deal is agreed.

As at the past three Spending Reviews, the government will run a Zero-Based Review of capital spending where each programme or project will be scrutinised from the bottom up, ensuring the maximum return for the country.

This Spending Review also had a renewed focus on the outcomes achieved for the money invested – supporting a high-growth economy with public services that work for everyone.


Plan for the life you want

If you would like to discuss any of the announcements made during the Spring Statement 2019 and what their implications could mean to you, your family and your business, please Contact Us. We look forward to hearing from you.

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The content of this Spring Statement 2019 summary was produced on 13 March 2019 and is for your general information and use only and is not intended to address your particular requirements. The content should not be relied upon in its entirety and shall not be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of the content. Thresholds, percentage rates and tax legislation may change in subsequent Finance Acts. Levels and bases of, and reliefs from, taxation are subject to change and their value depends on an individual’s personal circumstances.

Content of the articles featured is for general information and use only and is not intended to address an individual or company’s particular requirements or be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of any articles. Thresholds, percentage rates and tax legislation may change in subsequent Finance Acts.