This report sets out the activities undertaken and the improvements made since the publication of the Equality and Human Rights Commission’s (the Commission’s) report of its Section 31 (S31) Assessment of HM Treasury’s (HMT) 2010 Spending Review (Making Fair Financial Decisions). Based on this work, we also set out our expectations of any future large-scale review of Public Spending (which we term as a Spending Review throughout this report). The report also brings to a close this stage of the Commission’s work in the area of Fair Financial Decision-Making.