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Some interesting figures from today’s Spending Review

This year the government is planning to spend about £720bn – just over £32,500 per UK household.

Because there is more money going out of the Treasury than coming in, from tax, there is a deficit. The Treasury is about £5,000 short per household.

About a third of government spending goes on welfare and pensions – about £10,000 per household.

That will not be touched in today’s Spending Review.

The second biggest cost is health, about £6,200 per household, then education, which costs each household almost £4,500 a year.

Debt interest payments cost us all an average of £2,300 a year.

The NHS and schools in England are both protected from budget cuts – meaning other departments will have to take a bigger hit in the Spending Review.

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