Politics

UK Budget Introduces World-First Policy Protecting Long-Term Preventative Spending

John Healey's budget ringfences preventative projects where future savings outweigh initial costs.

A new preventative departmental expenditure limit will protect qualifying projects starting next year.

Treasury guidance is still needed to determine which specific initiatives will qualify for PDEL status.

The policy represents a world-first blanket approach to protecting long-term government investments.

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