Rachel Reeves spending review: What will be in the spending review and what does it mean for Scotland?

While some areas with the greatest uptick in spending are devolved, the nature of the Barnett Formula means the Scottish Government will be allocated extra funds, in what The Scotsman understands will be a significant increase.

The formula is used to work out the level of public spending for each of the devolved administrations. The Barnett Formula aims to be fair mechanism by giving each of the devolved administrations the same pounds-per-person change in funding.

Here’s what is expected to be in the spending review and what it means for Scotland.

Winter fuel

Scottish pensioners now face being worse off than those in England and Wales after the UK government confirmed its U-turn over the winter fuel payment.

The Chancellor announced on Monday the payment, worth up to £300 for each recipient, will be restored to the vast majority of pensioners who previously received it because anyone with an income of under £35,000 a year will now get the payment automatically.

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However, Scotland has already created a devolved benefit of £100 for all pensioner households, which is less generous than the UK government version, potentially leaving hundreds of thousands of Scots worse off than their English and Welsh counterparts.

With Holyrood being sent more money through the Barnett Formula, Scottish Labour has urged the Government at Holyrood to increase its payments.

Energy

UK energy secretary Ed Miliband endured a battle with the Treasury over funding, but is now expecting several big announcements.

Most notably, the UK government has announced a £14.2 billion investment to build the Sizewell C nuclear plant in Suffolk - a project that could boost energy in Scotland, despite being based elsewhere.

For Scotland, it is also understood the government is set to commit to a multi-decade, multi-billion redevelopment of HMNB Clyde, with funding in the hundreds of millions for the next few years.

There are also hopes the Chancellor could finally sign off on the Acorn project. Based near Peterhead, it has been in the pipeline for years and would allow fossil fuels to continue to be burnt without, in theory, releasing harmful carbon emissions.

The project is seen as key to scaling up the low-carbon hydrogen sector in Scotland and future plans for Grangemouth, but the technology has not yet been demonstrated at commercial scale. One way or the other, a decision is expected during the spending review.

Health

Wes Streeting’s department is expected to get one of the biggest funding boosts, which will in turn lead to more money for Scotland through the Barnett Formula.

Shortly after the statement from Ms Reeves, the UK government will publish groundwork for its NHS ten-year plan. This will give an idea of the financial boost to Scotland and also what Labour might try to do to NHS Scotland if they win the Holyrood election next year.

Transport

Ms Reeves has already announced £15 billion in transport spending across the north of England. As a result, Scotland can also expect increased funds to Transport Scotland.