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By Rachel Lawler

 

The Chancellor has that this year鈥檚 Spending Review will be 鈥渇ast-tracked鈥�, covering only the next year in a bid to focus on delivering Brexit.

 

Instead of the planned comprehensive Spending Review, which would have dictated budgets for the next three years, the Treasury will instead conduct an 鈥渁ccelerated exercise鈥�.

 

This 鈥淪pending Round鈥� is expected to complete in September and will set 鈥渄ay-to-day spending budgets" for 2020鈥�21.

 

Chancellor Sajid Javid said that the review would 鈥渟upport commitments鈥� made by the new Prime Minister, including 鈥渉is ambition for additional funding for schools鈥�.

 

Javid said: 鈥淭he Prime Minister and I have asked for a fast-tracked Spending Round for September to set departmental budgets for next year. This will clear the ground ahead of Brexit while delivering on people鈥檚 priorities.鈥�

 

Neil Leitch, chief executive of the Alliance said: 鈥淲hile the NHS, police and schools are clearly in need of extra cash, we hope that the Chancellor will find money in the 2020-21 spending round to make up the 拢662 million shortfall in early years funding.

 

鈥淭he sector cannot carry on for yet another year delivering the government鈥檚 flagship childcare schemes based on 2015 cost analysis.

 

鈥淲e will undoubtedly see further closures, and those childcare providers who do manage to stay open will be forced to charge parents more for private hours and for extras, or place restrictions on when parents can access funded places. The early years is a sector in financial crisis: the government knows it and can no longer afford to ignore it.鈥�