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The measure slipped into UK budget that could protect spending on children, youth and rough sleeping | Heather Stewart

Reported · Written up by our desk · Equities

PDEL, which will ringfence money for preventive policies, marks a welcome and potentially consequential addition John Healey’s debut budget was far from a blockbuster, but it may come to be remembered for the birth of a plucky new character in the tax and spend universe – little PDEL. It may not have the charm of Disney’s Wall-E, but PDEL (pronounced P-Del), or preventative departmental expenditure limit, to give it its full name, marks a welcome, and potentially very consequential, addition. Continue reading...

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Sources

Guardian BusinessThe measure slipped into UK budget that could protect spending on children, youth and rough sleeping | Heather Stewart
Guardian EconomicsThe measure slipped into UK budget that could protect spending on children, youth and rough sleeping | Heather Stewart

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