Thursday, 21 March 2013

Departmental spending

Just for interest, here are the departmental spending totals from yesterday's budget, and for contrast those from last year's budget...

Note that to "tread water" a department would need a 3.5% uplift to compensate for inflation so where a cash reduction is being applied the cuts will be severe indeed.

It's worth a mention that "debt interest" at £51 billion is now our 4th biggest item.

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