October budget outlines higher spending growth in years to come

Planned annual real-terms spending growth,

%

Spring budget 2024

Autumn budget 2024

£26bn - additional spending

4%

3

£39.5bn

2

£43.6bn

£47bn

£50bn

1

0

-1

2024-

25

2025-

26

2026-

27

2027-

28

2028-

29

Planned annual real-terms spending growth, %

Spring budget 2024

Autumn budget 2024

£26bn - additional spending

4%

3

£39.5bn

2

£43.6bn

£47bn

£50bn

1

0

-1

2024-25

2025-26

2026-27

2027-28

2028-29