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