UK Chancellor announces spending review boosting NHS, defense, and schools while cutting other areas.

Chancellor Rachel Reeves is set to announce a spending review that will boost funding for the NHS, defense, and schools, while likely cutting budgets for other departments to stay within fiscal rules. The plan includes £39 billion for affordable housing over ten years, £15.6 billion for public transport, and £16.7 billion for nuclear power projects. The review also extends the £3 bus fare cap until March 2027. Reeves aims to make it easier to invest outside London and the Southeast by changing the Treasury's "green book" rules.