The Chancellor of the Exchequer Rishi Sunak presented the Spending Review 2020 to Parliament on Wednesday 25 November.
Since the start of the crisis the government has invested over £280 billion to mitigate against the impacts of Covid-19 and protect jobs and livelihoods across all areas of the UK.
The Spending Review builds on this action, confirming an additional £38 billion for public services to continue to fight the pandemic this year, bringing total support to over £113 billion in 2020-21 It also provides a further £55 billion of support for the response to Covid-19 next year, targeted to control and suppress the virus, increase support to public services and support jobs and businesses.
Included in the Chancellor’s announcements were:
A new Levelling Up Fund worth £4 billion for England, plus £0.8 billion for Northern Ireland, Scotland and Wales through Barnett consequentials. The Fund will be open to all local areas in England and prioritise bids to drive growth and regeneration in places in need, those facing particular challenges, and areas that have received less government investment in recent years. The government will set out further details on how to support levelling up across the UK in the New Year.
An additional £1 million for the Charity Commission, bringing their total budget to £28.3 million.
Almost £100 million to deliver the National Citizen Service (NCS) and invest in youth facilities. The government will review its programmes to support youth services including the NCS in the spring.
To read the Spending Review 2020 update in full and for supporting and related documents click here.