UK government department budgets to rise by 2.3pc a year, Reeves says

British finance minister Rachel Reeves said the government's departmental budgets will grow by 2.3 percent a year in real terms, as she laid out her plans to divide up more than 2 trillion pounds (US$2.7 trillion) of public spending.

Reeves told parliament her fiscal rules would allow her to allocate a further 190 billion pounds (US$256.3 billion) to the day-to-day spending on public services over the course of the spending review, compared with the previous government's plans.

(Reuters)