Wellbeing should replace growth as 'main aim of UK spending' - News Summed Up

Wellbeing should replace growth as 'main aim of UK spending'


Personal wellbeing rather than economic growth should be the primary aim of government spending, according to a report by the former head of the civil service and politicians. The call to unseat growth as the main measure of government success comes as the Treasury gears up for a three-year spending review, due this summer, which has been scheduled despite the Brexit turmoil gripping the Tories. Government may slash three-year spending review due to Brexit Read moreSpeaking to the Guardian, O’Donnell said: “This is a particularly important moment in time, where one hopes that this spending review will be taking place – possibly with a different prime minister and with the Brexit issue resolved one way or another. Although Philip Hammond, the chancellor, had planned for a three-year spending review, such a policy exercise would be contingent on the government managing to hold together and pass a Brexit deal – which appears an increasingly unlikely prospect. The spending review could however be downgraded to focus on a single year amid the political chaos.


Source: The Guardian May 23, 2019 23:01 UTC



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