Grainne@lemmy.dbzer0.comM to World News@quokk.auEnglish · 14 days agoBritain cranks up taxes by £40B and gambles on growthwww.politico.euexternal-linkmessage-square5fedilinkarrow-up145arrow-down12file-text
arrow-up143arrow-down1external-linkBritain cranks up taxes by £40B and gambles on growthwww.politico.euGrainne@lemmy.dbzer0.comM to World News@quokk.auEnglish · 14 days agomessage-square5fedilinkfile-text
Labour’s Rachel Reeves signaled that the new British government plans record tax rises on the wealthy and on business.
minus-squareNigelFrobisher@aussie.zonelinkfedilinkarrow-up10·14 days agoIt’s about 20 cricket pitches.
minus-squareanonymous111@lemmy.worldlinkfedilinkarrow-up1·14 days agoTake what you know and multiple. Nice.
minus-squareSkua@kbin.earthlinkfedilinkarrow-up8·14 days agoAnnual 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
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