HabBOOx help desk!

HabBOOx help desk!

Get your spooky bums down to our Help Desk for guidance, support and to hang with your buds!

HabBOOx help desk!
Hear the howl of Habbox!

Hear the howl of Habbox!

Can you hear the HOWLS of our fab community? Apply to join one of our many fabulous departments at Habbox!

Hear the howl of Habbox!
HabboxWiki needs you!

HabboxWiki needs you!

Are you a Habbo buff? Or maybe a rare trader with a bunch of LTDs? Get involved with HabboxWiki to share your knowledge!

HabboxWiki needs you!
Loading...
Loading...
...
Government Spending DOWN?0
By - Posted 4th July, 2015 at 9:40 pm

Governments of the Western world are notorious for their massive spending, but do figures released today 

suggest otherwise?

For the financial year of 2010-2011, the UK Treasury planned to reduce government expenses by £4.4 billion, enough to give every single person (yes, including all the children) £60. However, when reviewing their final, departmental balances, they were astonished to find that they hadn’t just met their target, they completely smashed it!

In total, £11.1 billion was saved from many national services, such as the police force and the main contributor, the National Health Service (known to most as the NHS). This number is a whopping £6.7 billion under the planned budget reduction, but not all of it will be directed back to those departments. The Institute for Fiscal Studies claims that just £0.9 billion of this will move into the next year, with the rest being reallocated to other applications.

The NHS cut £1.7 billion of this, equivalent to the yearly salary of 68,000 nurses or 13,000 doctors! This is only 1.6% of the total allowance for the system, but the Department of Energy and Climate Change actually saved on 13.9%. On average, 98.6% of the money given to the entirety of the departments was spent still. With these figures, to remove all the departments completely would result in a saving of £792 billion, just over a third of the UK’s public debt. That really shows the extent of the financial crisis that has struck most of the world.

But what do you think? Are you pleased that even in these harsh times the government can find ways to reduce spending? Or has the last year just been a bit of luck in their calculations? Leave your thoughts below!

Powered by WPeMatico

Like! (No Ratings Yet)
Comments

Comments are closed.

  • Send a message to the DJ
  • Events Timetable
  • Upcoming DJs
  • Latest Competitions
    Thread User
    Flags Wordsearch ~ Ends November 28th
    tbl
  • Latest Forum Posts
    Thread User
    What's the last thing you ate or drank?
    Chipmunks
    Post a GIF to explain how your feeling?
    Chipmunks
    Count to 2024 before 2024
    hupl
    Countdown from 2024 before 2024
    hupl
    What was the last thing you watched?
    Stephen
    What was the last text you sent?
    tbl
  • Latest Wiki Edits
    Wiki Page User
    Turquoise Giant Pillow
    Airtime
    Cosmic Dragon Mask
    FlyingJesus
    Star Tree
    FlyingJesus
    Habbo Constellations
    FlyingJesus
    Blue Smoke Machine
    Fibonacci
    Cosmos Horns
    Eleonoree
  • Latest Badges