Where the money goes
- Chris Barrow
- Jul 19, 2016
- 1 min read
MPs have backed the renewal of the UK’s Trident nuclear weapons system, voting 472 to 117 in favour in Parliament. The vote approves the manufacture of four replacement submarines at a current estimated cost of £31bn.
Here’s how the Government spent our money in the fiscal year ending 2016:
Pensions – £153bn
Health – £135bn
Welfare – £54bn
Defence (existing) – £45bn
Education – £44bn
Transport – £19bn
Protection – £14bn
Interest – £47bn
Central Government – £9bn
“Other” – £66bn
How much do we owe?
National debt – £1,532 billion.
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