Bloomberg has learned that the Treasury has told several government departments to prepare for their budgets to be frozen in cash terms, ahead of a major spending review in June. Such a freeze would mean real-terms spending cuts, creating a political dilemma for the Chancellor Rachel Reeves. We discuss with our economics reporter Tom Rees. Hosted by Yuan Potts and Stephen Carroll.

Bloomberg has learned that the Treasury has told several government departments to prepare for their budgets to be frozen in cash terms, ahead of a major spending review in June. Such a freeze would mean real-terms spending cuts, creating a political dilemma for the Chancellor Rachel Reeves. We discuss with our economics reporter Tom Rees. Hosted by Yuan Potts and Stephen Carroll.

Bloomberg's Caroline Hepker, Stephen Carroll, Yuan Potts and Lizzy Burden have your daily guide to British politics. We'll tell you what's happening and explain why it matters.

Bloomberg's Caroline Hepker, Stephen Carroll, Yuan Potts and Lizzy Burden have your daily guide to British politics. We'll tell you what's happening and explain why it matters.

Bloomberg UK Politics

Bloomberg UK Politics is your daily podcast on what's happening in British Politics and why it matters. The program includes interviews with MPs, policy experts, and Bloomberg's own team of political journalists. Presented by Caroline Hepker, Stephen Carroll, Yuan Potts and Lizzy Burden.

Bloomberg UK Politics is your daily podcast on what's happening in British Politics and why it matters. The program includes interviews with MPs, policy experts, and Bloomberg's own team of political journalists. Presented by Caroline Hepker, Stephen Carroll, Yuan Potts and Lizzy Burden.

Déjà Vu: Austerity Looms as Government Plans Budget Freezes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/36e270b7-fbf1-4796-970a-b27a00cb1811/transcript

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