Brexit Overshadows Review Meant to Herald the End of U.K. Austerity

  • Spending review losing steam as officials plan for no deal
  • Hammond’s Spring Statement won’t mark start of budgeting round

Photographer: Tolga Akmen/AFP via Getty Images

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U.K. civil servants preoccupied with Brexit are struggling to find time for the 2019 spending review, a set-piece opportunity for Prime Minister Theresa May to show that almost a decade of austerity is at an end.

Officials in the Treasury are so consumed with planning for a no-deal exit from the European Union that the spending review has already lost steam, according to two people familiar with the matter who asked not to be named.