The Chancellor has announced an extra £2 billion in funding for frontline services in the NHS. The investment follows the five-year plan drawn up by the NHS England chief Simon Stevens which warned of an £8 billion funding shortfall.
The head of the Institute for Fiscal Studies, Paul Johnson, said the government would fund the £2 billion extra for the NHS by making a number of cuts to other areas of public spending such as local authorities already been hit by austerity.
In an interview with Political Correspondent Libby Wiener he said the spending cuts and austerity measures were by no means over - in fact only half had been implemented - and there was an element of "robbing Peter to pay Paul" in today's announcement.
Mr Johnson said the government's plans to curtail welfare spending had not gone very well so far, as rents have went up whilst wages have went down.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.