The Government's economic plan has three parts: keeping mortgage rates low for families and fixing the banks to support investment in business; dealing with the country's debts to maintain confidence in the UK's ability to pay its way; and long-term economic reform to back aspiration and equip Britain to win the global race. The Government will continue to reduce the deficit by taking difficult decisions to cut public spending and prioritise investment in infrastructure to deliver a stronger economy and fairer society. Because spending reductions since 2010 have been accompanied by reforms to how services are delivered, crime is at its lowest level in 30 years, school standards have risen and employment is at record levels. The Government will reduce current spending by Ap11.5 billion in 2015-16, allowing it to increase capital spending plans by Ap3 billion a year from 2015-16 and by Ap18 billion over the next Parliament. Without the Ap3.6 billion savings from the welfare budget in 2015-16 that were announced at Autumn Statement 2012, reductions in departmental spending would have been commensurately higher. The Government will protect spending on health, schools and overseas development - maintaining the vital public services that everyone relies on at home, and supporting the poorest overseasWorking with local areas, NHS England will now lead further work, which is expected to focus on areas such as better ... From 2015-16 the shared pool will include existing NHS funding for social care and the additional Ap2 billion set out above, anbsp;...
|Title||:||Spending round 2013|
|Author||:||Great Britain: H.M. Treasury|
|Publisher||:||Stationery Office - 2013-06-26|