International Business: UK plans eight billion pounds of extra health and education spending – Gulf Digital News

  • Date: 24-Oct-2021
  • Source: Gulf Daily News
  • Sector:Economy
  • Country:Gulf
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International Business: UK plans eight billion pounds of extra health and education spending – Gulf Digital News

LONDON - British finance minister Rishi Sunak plans a five billion pound ($6.9 billion) programme to fund health research and 3 billion pounds of extra funding for further education in next week's budget, finance ministry officials said late on Saturday.

The announcements, which include a raft of smaller spending decisions, follows news earlier in the day of 6.9 billion pounds for regional transport projects ahead of a major review of government spending over the next three years.

The transport investment is 1.5 billion pounds more than previously planned, as the government seeks to boost living standards outside London through its 'levelling-up' agenda.