U.K.’s Javid Signals Government Austerity May Not Yet Be Over
- Treasury to announce spending round results on Sept. 4
- Chancellor says round is not a blank check for departments
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U.K. Chancellor of the Exchequer Sajid Javid warned ministers they shouldn’t expect “blank checks” when he announces the result of his spending round next week.
Writing in the Daily Telegraph, Javid confirmed Sept. 4 as the date he’ll set departmental budgets for the fiscal year 2020/21. That’s the day after Parliament returns from more than five weeks of recess, fueling speculation the government is on an election footing.