How much does the furlough scheme cost, compared to 2008 banks bailout, Trident and HS2?
4 years, 7 months ago

How much does the furlough scheme cost, compared to 2008 banks bailout, Trident and HS2?

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. £22bn: Social care for the elderly Experts say elderly social care is significantly underfunded The UK government spends around £180bn a year on health – around 9 per cent of GDP. £41bn: Trident nuclear weapons Advocates say Trident remains vital for underpinning the UK’s national security In July 2016 the House of Commons voted to renew the UK’s submarine-based nuclear deterrent system known as Trident. £12bn: Affordable housing Much more public money will be needed to fill the huge deficit in spending on affordable housing construction over four decades, say campaigners In the most recent Budget the chancellor unveiled £12.2bn of grant funding to build affordable homes across England over five years, up from £9bn for the previous five-year programme. £133bn: 2008 bank bailouts ‘Never in the field of financial endeavour has so much money been owed by so few to so many,’ said the then Bank of England governor Mervyn King In the 2007-09 financial crisis the government had to bail out UK banks to stop the financial system melting down.

History of this topic

Budget changes will leave disabled and elderly without care as struggling providers go under, experts warn
3 weeks, 4 days ago
NHS receives major Budget boost but ‘lacklustre’ social care settlement will hit councils, experts warn
2 months, 1 week ago
Reeves warned she faces £8.6bn annual bill to save ‘broken’ social care sector
4 months, 2 weeks ago
Starmer told to let tens of thousands of pensioners foot bill for social care
5 months, 3 weeks ago
England’s largest councils call for delay to adult social care costs cap amid £30bn funding ‘black hole’
5 months, 3 weeks ago
Streeting promises social care costs cap despite absence from Labour manifesto
6 months, 3 weeks ago
Britain’s welfare bill to soar over next four years as parties commit more money for pensioners
6 months, 4 weeks ago
Long-term work sickness absence ‘a serious fiscal threat’ to UK
1 year, 3 months ago
Social care staff need 41% pay rise to earn same as NHS counterparts – report
2 years ago
Care homes ‘could face widespread closures’ under social care reforms
2 years, 9 months ago
Social care for elderly and vulnerable rationed as Covid hits staff
2 years, 11 months ago
Government’s social care reform plan is ‘insufficient’
3 years, 1 month ago
Boris Johnson sees off Tory rebellion over controversial cap on social care costs
3 years, 1 month ago
Social care reforms ‘to push taxes to highest-ever sustained share of economy’
3 years, 4 months ago
How will you pay £1,000 a week for old-age care?
4 years, 5 months ago
Over-40s could be made to pay more tax to fund social care
4 years, 5 months ago
Government’s NHS funding pledge ‘less generous than first appears’
4 years, 11 months ago
Social care crisis will leave thousands of NHS beds out of action, warns Labour
5 years, 1 month ago
Councils will need billions of pounds in extra funding to meet rising costs of adult social care, warns IFS
5 years, 1 month ago
Social care system faces ‘total collapse’, Sajid Javid warned
5 years, 4 months ago

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