Wednesday, July 11, 2012

Government Spending under Labour

During the years 2001-2007, there was a sharp rise in government spending. In real terms, government spending increased from just over �400bn (2009 prices) to �618bn in 2008-09. As a % of GDP Government spending also increased from 36% of GDP in 2000 to 46% of GDP by the end of 2008-09 This increase in [...]

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