References and comments

The Office for National Statistics has a document called “Social Trends” on-line at http://www.statistics.gov.uk/downloads/theme_social/Social_Trends38/Social_Trends_38.pdf

Chapter 1, page 2, gives the UK 2006 population as 60 600 000.

Chapter 5, p76, Table 5.20 gives the 2006 assets as £8270 billion increasing at about 6% per year as follows:

Chapter 6, p80, gives 2006 household expenditure as £795 billion (Tables 6.2 & 6.3)

In their document "Financial Statistics No 562 February 2009" on-line at http://www.statistics.gov.uk/downloads/theme_economy/FinStats-Feb09.pdf

Table 1, p14, gives 2007/08 GDP as £1 421 500 million

Table 2.1A, p42, gives HM Revenue and Customs tax take in 2008 (£million) as:

and Government expenditure in 2008 (£million) as:

Chapter 3, p53, states: ”There is no single correct definition of money.” but see an interesting site illustrating money as debt. It can be found at: http://video.google.co.uk/videosearch?q=money+as+debt+grignon

United Kingdom Central Government and Local Authority Spending can be found at: http://www.ukpublicspending.co.uk/government_expenditure.html

GDP is given as £1405 000 million (1% lower than the Table 1 figure). Assume £1413 billion.

Public spending in 2008 (£million) was: Pensions 99 800, Health care 102600, Education 76700, Defence 38500, Welfare 90200, Protection 32400, Transport 19800, General Government 25500, Other spending 75000, Interest 30700, Balance -5300, Total Spending = 585 900 million (3% lower than the table 2.1A Government figure). Assume £587 billion.