Spending Review to shape Scotland's priorities for years to come

The chancellor's Spending Review promises increased spending for Scotland on defence, computing, and carbon capture technology. Rachel Reeves announced funding for the Royal Navy's nuclear submarine base, a powerful supercomputer in Edinburgh, and the Acorn Project for carbon capture and storage. The review also includes plans for capital spending on projects like buildings, with a focus on economic growth and spreading funds across the UK. Holyrood's budget will be affected by decisions in day-to-day and capital spending, with changes potentially impacting welfare, piped through the block grant from the Treasury.