26 Nov '15, 11am

How is the UK economy really performing? ([email protected])

Compared to the rest of Europe, the UK has some of the lowest rates of public expenditures – whether it’s spending on pensions, welfare or infrastructure – as a percentage GDP. This means that the “problem” of the public deficit is not caused by over-spending, but is instead a problem of tax collection. Government revenue as a % of GDP is also one of the lowest of the EU-28.

Full article: http://www.neweconomics.org/blog/entry/todays-autumn-stat...

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