inspired by the lovely idea here http://weknowmemes.com/2011/12/the-us-budget-explained-in-simple-english/ I wanted to show the UK budget in household terms. Somehow getting rid of those zeros make it much easier to see the ratios.
I got most of these figures from the sources below. I took the cuts from the Department expenditure limits from the Treasury, which say DEL is set to fall from £375.170 billion in 10/11 to £331.900 in 15/16, a cut of £43.27 billion or 11.53%. So thats 43bn over 5 years, or £8.6bn/year.
Let me know if you spot any mistakes!
sources
http://www.guardian.co.uk/news/datablog/2010/apr/25/tax-receipts-1963
http://blogs.telegraph.co.uk/news/tobyyoung/100119735/new-statesmans-political-editor-is-wrong-about-the-debt-crisis/
http://www.ukpublicspending.co.uk/total_spending_2010UKbn
uk government, defecit, spending, debt.
