At his spending review on 25 November, the Chancellor of the Exchequer set out the Government’s plans for public spending. It is an important fiscal event, with decisions made over hundreds of billions of pounds of public money. It is also an important political event, as the government sets out relative priorities and allocates funding towards achieving its policy objectives. The initial reaction from the Institute for Fiscal Studies was this: ‘Rishi Sunak has been spending truly astonishing amounts of money this year and plans to continue to do so next year in response to Covid. Yet this was a spending review in which he reduced planned spending into the future, cutting over £10 billion from departmental spending plans next year and for subsequent years.’ (See also the next article.) Pray for the 1.3 million public sector workers who will see their pay frozen in 2021-2 and for the projected 2.6 million unemployed by spring. See