New Preventative spending limit introduced in Healey's budget
The Guardian reported that the Preventative Departmental Expenditure Limit will be money ringfenced in the budget for preventive policies.
The Guardian reported that the Preventative Departmental Expenditure Limit will be money ringfenced in the budget for preventive policies. The outlet noted 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 added that, "It may not have the charm of Disney’s Wall‑E, but PDEL (pronounced P‑Del), Preventative Departmental Expenditure Limit, to give it its full name, marks a welcome, and potentially very consequential, addition." The new category sets aside funds specifically for preventive measures, a shift from previous spending approaches.
Why it matters
Ringfencing money for preventive policies could ensure dedicated resources for long‑term health and social initiatives.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- PDEL, Preventative Departmental Expenditure Limit, Preventative Departmental Expenditure, John Healey
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
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