What choices did the government make in the 2025 spending review?

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The 2025 spending review on 11 June is a critical moment for Keir Starmer’s government. Almost a year since Labour’s general election victory, Rachel Reeves will set budgets for departments up to 2028/29 – which will cover most of the rest of the parliament. But the chancellor is facing difficult choices – and her decisions will reveal a great deal about this government’s priorities.  

Will the spending allocations be sufficient to improve public services, deliver growth and make progress on the government’s other missions? Which departments will be pleased – and which will lose out? And will this multi-year spending review reveal a coherent strategy for the government over the next few years?

To answer these questions and more, IfG experts convened shortly after the chancellor’s announcement to provide their initial analysis.

The webinar was chaired by Jill Rutter, Senior Fellow at the Institute for Government, with a panel including:

• Nick Davies, Programme Director for Public Services at the Institute for Government
• Ben Paxton, Senior Researcher at the Institute for Government
• Gemma Tetlow, Chief Economist at the Institute for Government