The Archive · 1940

Britain's Colossal Spending Revealed

"£1,610,135,000 Reached in Year's. First Six Months London, Oct. 1.

In the first six months of the cur. rent financial year, Britain's total ordinary expenditure has reached the colossal figure of £1,610,135,000, compared with only £562,000,000 for the same period last year.

The total ordinary revenue for the past six months is £452,000,000, according to Treasury returns for the first half of the year.

The estimated total ordinary expenditure for the full financial year, which ends on March 31 next, is £3,466,790,000, and the estimated total ordinary revenue is £1,360,000,000.

The figures now issued show that revenue coming into the Exchequer is remarkably satisfactory—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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