Rachel Reeves has promised to back UK fintech and in Labour’s inaugural Spending Review, she piled billions into the tech sector. The Chancellor handed the Department for Science, Innovation and Technology (DSIT) a hefty £16.

Chancellor Rachel Reeves announced budget increases for some departments, including a £29 billion annual injection for the NHS, but others will see cuts. What was announced in the Labour Spending Review,

The government is eager to shout about its investment in transport infrastructure and nuclear projects in this review. Reeves has committed £113 billion in extra capital spending, including £15 billion on transport outside London and £14.2 billion on the Sizewell C nuclear power plant, part of an £86 billion fund to "boost science and technology".