Government spending in the United Kingdom was approximately 44.9 percent of GDP in 2023/24, compared with 45.3 percent in the previous financial year. Total managed expenditure expressed as a percentage of GDP in the United Kingdom from 1900/01 to 2029/23 ...
Setting out the government's hopes for the U.K. to have the most pro-business tax regime in the world, Hunt announces a new investment allowance worth £9 billion per year, whereby every pound invested in IT, plant or machinery equipment can be deducted from profits. The OBR forecasts t...
As housing is a basic need for people, government should provide free housing for everyone who cannot afford it. To what extent do you agree or disagree? Give reasons for your answer and include any relevant examples from your own knowledge or experience. Write at least 250 words. Task 2 ...
When combined with the NI cut last autumn, the government can now claim to have delivered a Pound 900 annual tax cut to the average worker. Lowering NI might also encourage people to re-enter the workforce or work more, which could boost companies in sect...
The UK government is maintaining its commitment to science and research with a promise to spend ￡20 billion on it in 2024-25.'This is the largest increase in R&D spend ever over a spending review period,'the government said in its autumn statement,the first one delivered by Jeremy Hunt as...
'The government already spends large sums of public money on remedial action, when early investment in the life chances of young people would not only benefit them but save expenditure down the line. There is a chance here to reframe when and how we spend that money by investing in the UK...
The British government has said the poor air quality has an unnecessary and avoidable negative effect on citizens’ health, and costs up to $3.5 billion in annual lost productivity.Part of the new plan involves an offer of $260 million to local governments to change rules where vehicle ...
You can see here how the annual usage for a “medium” household comes to £1,738 (rounded down) - the figure used as an illustration by Ofgem, the government and the media when reporting on the energy price cap. You can see the three common energy user groups as defined by Ofgem ...
During 2021-2031, the country aims to spend USD 321 billion on the purchase and support of equipment. The country's military budget for 2022 was USD 68.5 billion, a rise of 3.7%. Of the total government spending, the country allocated 2.2% to the military. The country’s NATO membership...
UK lender loses first round in battle against HMRC over assets inherited as part of government-backed HBOS takeover Save February 4 2025 Inside Politics Labour’s parallels with Thatcher may be more than just rhetoric Former Tory leader increased taxes before imposing reforms in deregulatory drive...