Quote:
Originally Posted by Hugh
So our public sector spending, as a proportion of GDP, will be back to the Labour Government's spending levels in 2002 - I don't remember the world ending then.....
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2001-2 or 2002-3 Hugh?
In 2001-2 total managed expenditure was 37.19% of GDP, in 2002-3 it was 37.94%.
I make managed expenditure forecast in 2019-2020 to be 35.2% of GDP according to the Chancellor's plan.
Figures from the Autumn Statement in % of GDP:
