Government finances should be reported in GBP per household
With immediate effect, all government expenditure and savings should be quoted in GBP per British household. With 23.54 million households in the UK, all financial amounts should simply be divided by this figure for reporting purposes.
- To date, the Bank of England has pumped £13,806 per British household into the economy through its quantitative easing programme.
- The Priority School Building Programme has budget of £84.96 per British household for work to be done over five years.
- Researchers will get £10.62 in funding per British household as part of the government’s high-tech growth strategy.
- An extra £183.52 per British household was collected in tax during the last five years, but an extra £46.73 per household could have been collected were it not for job losses, according to a Public Accounts Committee report.
- Welsh schools are to receive a share of £24.62 in funding per Welsh household to help the least well-off pupils in Wales.
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