Spending Round 2019

Part of the debate – in the House of Commons at 1:43 pm on 4th September 2019.

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Photo of Sajid Javid Sajid Javid The Chancellor of the Exchequer 1:43 pm, 4th September 2019

Let me first say gently to the hon. Lady that this is a spending round. I have not referred to it as a spending review. As she may know, a spending review normally covers a number of years, whereas a spending round covers a single year. She said that I had not “dignified” it with an OBR forecast. No spending review or spending round comes with an OBR forecast; that is normally the case with a Budget, and there are two forecasts a year. I thought that she might already know that, but I am happy to let her know now. She also talked about the funding of sectors such as social care and youth services. I did refer to those: I set out plans for next year, but also plans for the future involving, for example, the new youth investment fund.