Steve Barclay


Quiz - BritAIN's FINANCES

I hope you enjoy this fun test of your knowledge of British Finances.

Or click HERE to try a different quiz - "British Politics ".

  1. How much is the government currently borrowing each day?
    £5 Million £20 Million £50 Million £500 Million


  2. For every £4 Gordon Brown spends, what proportion is money borrowed rather than raised in tax?
    None - it is all raised in tax 25 pence in every £4 50 Pence in every £4 £1 in every £4


  3. In 2011, what will debt interest on Government borrowing cost?
    Half the cost of what will be spent on Defence More than will be spent on every School
    A Quarter the cost of Overseas Aid The same as will be spent on Roads


  4. How much roughly does the UK Government spend each year?
    £150 billion £200 billion £475 billion £700 billion


  5. According to the UK Government's pre budget report in 2008, what is the gross contribution made to the EU budget by the UK each year?
    £100 million £2.75 billion £5 billion £10 billion


  6. Government funding is more generous to Scotland than England, including giving more to Gordon Brown and Alistair Darling's constituencies. How much extra do constituents in Scotland receive than England?
    £750 a year more £1,000 a year more £1,250 a year more £1,500 a year more


  7. Gordon Brown has said he will increase the top rate of tax from April 2010. What rate will he increase tax to?
    45% 50% 60% 100%


  8. The Labour Government has announced that they will increase National Insurance contributions by 0.5% from 2010. From what salary upwards will you pay this extra tax?
    £20,000 £30,000 £40,000 £50,000


  9. How much does the Government expect to borrow this year and again next year?
    £100 billion £125 billion £150 billion £175 billion




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