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Who will win and lose in the spending review

Sky News’ Sam Coates and Politico’s Anne McElvoy serve up their essential guide to the day in British politics.

After weeks of haggling between government ministers, Labour announces today how they plan to apportion cash around departments for the foreseeable future.

Chancellor Rachel Reeves and Labour say this comes as the government has “fixed the foundations” and introduced stability to the economy. They say the economy is “turning a corner”. But is that totally true? And which sectors are the big winners and losers from this major statement of intent from Labour?

LP Staff Writers

Writers at Lord’s Press come from a range of professional backgrounds, including history, diplomacy, heraldry, and public administration. Many publish anonymously or under initials—a practice that reflects the publication’s long-standing emphasis on discretion and editorial objectivity. While they bring expertise in European nobility, protocol, and archival research, their role is not to opine, but to document. Their focus remains on accuracy, historical integrity, and the preservation of events and individuals whose significance might otherwise go unrecorded.

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