UK public spending 48.4% of GDP - CEBR

April 26, 2010 8:10 AM EDT

CEBR?s 5th annual ?State of the Nation? report shows that public expenditure as a share of GDP in two parts of the country (Northern Ireland and Wales) is about 70% of GDP.

Public expenditure in the North East of England is now 64% of GDP.

Public spending in the North West, Yorkshire and Humberside, the West Midlands and in Scotland is around 55% of GDP.

Meanwhile, public spending as a share of GDP in London remains low at 35%.

For the UK as a whole public spending as a share of GDP has risen from 37.4% in 1998/99 to 48.4% in 2010/11.

Follow us

Story provided by Business Financial Newswire

Copyright 2012 Thomson Reuters. All rights reserved.
Sponsor Link:

We recommend

News From Partners

More from Global Markets

Join the Conversation

Popular Multimedia

IBTimes TV
More

73 yr Old Becomes Oldest Woman to Climb Mount Everest

Most Viewed

1 2 3
  1. IMG TXT
    Police Use Batons Against Protesters, Including Women, in India
  2. IMG TXT
    Fired for Being Too Busty, Lingerie Temp Will Sue
  3. IMG TXT
    Facebook Shares Drop Sharply Again, Leaving More Unanswered Questions
  1. IMG TXT
    SpaceX Dragon Flies past the International Space Station
  2. IMG TXT
    Wall Street Rebounds as Apple Gains and Investors Dump Facebook
  3. IMG TXT
    Introducing the World’s Richest Woman Gina Rinehart
  1. IMG TXT
    Vandals Caught Defacing Controversial Painting Exposing President Zuma's Genitals
  2. IMG TXT
    Young Buddhist Monks Celebrate Buddha's Upcoming Birthday With Soccer
  3. IMG TXT
    Tokyo Skytree: World’s Tallest Broadcast Tower opens To the Public
Most Read
  1. An investor reads a newspaper with a magnifying glass in front of an electronic board showing stock information at a brokerage house in Huaibei, Anhui province April 5, 2012.Weekly Roundup: Asian Markets Fall On Weak China Data And Euro Zone Debt Concerns
  2. US Stocks Close Mostly Up Week With Mostly Down Day: Daily Markets Wrap
  3. Traders work on the floor of the New York Stock ExchangePre-Market Movers (Frontline, EMC Corporation, Deutsche Bank, SAP, Carnival Corporation, Wells Fargo & Company and BHP Billiton Limited)
  4. Asian Shares Inch Higher, Capped By Europe Fears
  5. A woman walks past a stock quotation board outside a brokerage in TokyoAsian Markets Fall On China And Euro Zone Concerns

Global Markets
Existing Home Sales Jump, World Banks Lowers China Forecast, Euro Prepares for Greek Exit

Recommended for you
Close
  1. An investor reads a newspaper with a magnifying glass in front of an electronic board showing stock information at a brokerage house in Huaibei, Anhui province April 5, 2012.Weekly Roundup: Asian Markets Fall On Weak China Data And Euro Zone Debt Concerns
  2. US Stocks Close Mostly Up Week With Mostly Down Day: Daily Markets WrapU.S. equities closed a moderately green week with a moderately red day on Friday, as the Dow Jones Industrial Average fell 74.92 points, or 0.60 percent, to 12,454.83, the S&P 500 index dropped 2.