(Reuters) – UK Chancellor Jeremy Hunt was examining freezing day-to-day public spending in real terms for three years after 2025 in the Autumn Statement next Thursday, saving about 27 billion pounds ($31.67 billion) a year by 2028, the Financial Times reported.
Hunt is drawing up plans to reduce the growth in public spending in those three years after to 2% or lower, the newspaper said on Thursday citing people familiar with the matter.
($1 = 0.8526 pounds)
(Reporting by Jahnavi Nidumolu in Bengaluru)