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Britain cranks up taxes by £40B and gambles on growth
(www.politico.eu)
Is £40b a lot?
It’s about 20 cricket pitches.
Take what you know and multiple. Nice.
Annual government spending was about 1.2 trillion last year, so it's about 3.5% of that. Alternatively it's about 30% of last year's deficit
It's more than I have in my bank account if that helps.
this post was submitted on 09 Nov 2024
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