To learn more about the how announcements made in the chancellor's Spending Review will effect you, click here.

British finance minister Rachel Reeves announced her first multi-year spending review on Wednesday, dividing up more than 2 trillion pounds ($2.7 trillion) of public money between her ministerial colleagues and setting their budgets until 2029.

Hi there, it’s Helen Chandler-Wilde , a UK journalist and editor of The Readout. Hope you enjoy today’s newsletter.

All the talk of departmental budgets and fiscal rules may feel somewhat distant from the cost of groceries and the rest of the family finances.The Spending Review is not a Budget in which taxes are changed or a host of new policies announced.

From the Ministry of Defence, the Department for Transport and the Home Office, here are the main announcements from Chancellor Rachel Reeves.