UK's Economic Strategy: Boosts, Bets, and Budget Boosts

TL;DR Summary
The UK Treasury's spending review will increase Holyrood's budget by an average of £2.9bn annually, with specific investments in projects like carbon capture and a supercomputer at Edinburgh University. Scotland's Finance Secretary criticizes the increase as insufficient, claiming the Scottish government has been short-changed by over £1bn. The review also includes significant defense spending, including funding for the Faslane submarine base and munitions, alongside investments in technology and infrastructure. Overall, the review signals increased UK-wide investment but highlights ongoing disputes over Scotland's share of funding.
- Scotland to get extra £2.9bn from Treasury, says Reeves BBC
- Spending Review 2025 (HTML) GOV.UK
- Chris Mason: Spending Review a gamble on patience in an era of impatience BBC
- Rachel Reeves’s big-government rhetoric is a worrying sign for Britain The Economist
- How the UK Plans to Boost Its Economy The New York Times
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