4. Government spending and supply-side policies

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17 Terms

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Additional social and affordable housing funding

£1.5 billion

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Additional homes funded

Around 10,000 homes in England

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Total Social and Affordable Homes Programme investment

Over £40 billion across 10 years

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Your First Home equity-loan scheme

£4.7 billion funding

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Households targeted by first-time buyer scheme

70,000 households

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Local apprenticeship services

£100 million investment

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National Wealth Fund and British Business Bank defence investment

Up to £5 billion over four years

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Additional AI Security Institute funding

£120 million

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National AI Biosecurity Initiative

£165 million

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Cyber defence investment

£154 million

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National Agentic Security Unit

£40 million

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Sovereign AI Unit additional investment

£140 million

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Business regulatory cost savings

Almost £800 million annually

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Energy-intensive manufacturing electricity discount

20-25% for 10,000 firms from April 2027

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Energy Debt Circuit Breaker

Expected to save billpayers around £30 by 2030

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UK defence spending target

3% of GDP by 2030 and 3.5% by 2035 under NATO commitments

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UK military support for Ukraine

£3 billion annually until 2030-31 or for as long as needed