Comprehensive Spending Review - Big Picture

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Comprehensive Spending Review - Big Picture

  1. 1. Comprehensive Spending Review 2010 in Context Gross Domestic Product: the total Current debt: Total value of Annual Spend: Annual Annual Income: Sources value of goods and services the sale of bonds and gilts to Government Spending of monies to fund produced in the country. The raise revenue, and on which as profiled in the Annual Government typical comparitor for national interest is subsequently paid Comprehensive Spending, primarily from economic figures. out by government. Spending Review (CSR). taxation and gap to spend supplemented by borrowing. Gross Domestic Public Product Sector Public Sector Net Net Debt Annual Borrowing £148bn £1426bn Government £952bn Spending Total £697bn Government Receipts Bank Financial Interventions Debt Interest £548bn £109.1bn £43bn Note: Box area proportional to £s Sources: GDP: ONS UK Economic Accounts No.71. Other Council Business Corp. Excise VAT Table A1.c3.r6 2009 Annual Value [GDP at market £79bn Tax Rates Tax Duty £81bn prices]; Net Debt: ONS Public Sector Finance £25bn £25bn £43bn £46bn Income update Sept 2010 (20.10.10); CSR: HM Treasury NI Tax CSR 2010 . Annex A Statistical Annex. Table A.1; Receipts and Debt: HM Treasury Budget 2010 . £99bn £150bn Chart. 2.. Rounding means items may not add total.speakingdata.org.uk

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