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UK Chancellor Rachel Reeves unveils Spending Review, aiming to boost workers' incomes but faces fiscal challenges.
Chancellor Rachel Reeves will unveil the UK's Spending Review, focusing on improving the economic well-being of working individuals with increased funding for the NHS, schools, defense, and infrastructure. Despite promises to "make working people better off," the review faces challenges in balancing fiscal rules with increased spending needs, potentially leading to cuts in areas like housing and policing. The review comes amid debates over fiscal responsibility and voter concerns, with Reeves navigating pressure to reverse benefit cuts while adhering to non-negotiable fiscal rules.
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