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Rachel Reeves says she ‘chooses investment’ as she prepares to unveil Labour’s spending review – UK politics live

Chancellor will reveal how the government plans to spend almost £1.4tn in 2026-27, rising to almost £1.5tr in 2028-29In Wales politcians from almost all parties have been complaining for years about the UK governments decision to categorise HS2 as a project for England and Wales, even though the line does not go through Wales at all. Treating it as a project that nevertheless benefit Wales means Wales does not get equivalent money for its own infrastructure, under the Barnett formula.According to a report by ITV Cymru, Wales will get £445m for rail in the spending review. ITV quotes a Welsh Labour source as saying:This investment is more than Wales would have had so far had HS2 been Barnettised. It will make a massive difference economically and politically.We need to go much further and faster to get one step ahead of the tactics used by small boat gangs.That is why we will boost investment to secure our borders, with up to £280m per year in the Border Security Command by 2028/29. ...


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