This morning's British newspapers & news websites are full of information about the Spending Review which Chancellor of the Exchequer, George Osborne, announced yesterday. (Guardian, Daily Mail, (how's that for balance!) - BBC, SkyNews).
The document itself is available here.
The results will be announce on 25th November - keep that date for your diary!
Periodic Spending Reviews have become a regular part of the British political scene. The most recent (with links) were in 2004, 2007, 2010, 2013.