Britain unveils multi-billion spending plan with major boosts for health, defense, housing


  • World
  • Thursday, 12 Jun 2025

LONDON, June 11 (Xinhua) -- British Chancellor Rachel Reeves on Wednesday unveiled a wide-ranging public spending package aimed at overhauling key national services, including a record 39 billion pounds (52.84 billion U.S. dollars) in long-term affordable housing and 29 billion pounds annually to revitalize the National Health Service (NHS).

The announcement, part of Labour's first full spending review in 16 years, outlined day-to-day departmental budgets through 2029 and capital spending through 2030. The review prioritized investment in public health, national security, and regional economic development, according to the government statement.

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