Public spending amounts to around 40% of the size of the economy. It’s been smaller before. It’s also been bigger before.
Funding from local authorities in England (excluding London) is down 43%, and this excludes money from central government which has not seen such large falls.
Analysis says it will cost £196 billion or shareholders will suffer losses. Some outlets said both would occur.
Cutting corporation tax could lead to economic growth over the long-term, but is still expected to cost more than it raises.
It total £137 billion was spent. And most of that money has since been recouped by the government.
St Helena airport didn’t run commercial flights between its opening in May 2016 and October 2017, but now runs flights to Ascension Island and South Africa.
Andrew Marr correctly quoted a number of figures on reductions in welfare spending, council funding and police numbers under the Coalition, during an interview on his show.
Surplus funds from National Insurance Contributions in the UK are currently invested towards reducing the national debt.
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