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It is very useful to get an idea of the size of the UK government expenditure.  The total bill for 2016–17 is £772 billion. So if met over a single year it would be 6% of spending. Quite a chunk, about equivalent to our yearly defense budget. Of course it won’t be incurred over a single year it could easily be spread over ten years with a more manageable £5 billion a year or 0.6% of expenditure. It terms of our GDP its about a third of that or 0.2%. And thus, I think the 50b Euros is n...

Wei Jiet Lim
by Wei Jiet Lim
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Wei Jiet Lim
 

Wei Jiet Lim

United Kingdom

Joined this community on Dec 6, 2017

Bio student at LSE

What age category are you in?
19-21

What gender do you identify as?
Male

What nationality are you? (you may list more than one)
MALAYSIAN

Which town or city do you live in?
london

Highest level of education
Bachelor's Degree

Other qualifications
None

Employment status
Student

Attitude towards Brexit
Don't Know

If you are a student, which school/college/university are you at
London School of Economics and Political Science

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241
Points
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