British finance minister Rachel Reeves announced her first multi-year spending review on Wednesday, dividing up more than 2 trillion pounds ($2.7 trillion) of public money between her ministerial colleagues and setting their budgets until 2029.

Rachel Reeves has delivered her first spending review as chancellor after months of bitter negotiations with her cabinet colleagues. She has unveiled what amount to cuts for some departments, fuelling accusations Labour is returning the country to the austerity agenda pursued by the Conservatives.

All eyes are on the Treasury this week as Rachel Reeves is set to lay out her spending review to Parliament on Wednesday.