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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.
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