Burnham’s Spending Commitments So Far Add Up to More Than £250 Billion

Burnham’s Spending Commitments So Far Add Up to More Than £250 Billion

Guido has done cost estimates of Burnham’s spending commitments and inherited black holes so far. It’s not pretty: Defence Investment Plan: Budget allocated-spending and unallocated efficiency savings: £15 billion. “The biggest council house building programme since the postwar period.” Late 1970s benchmark was circa 40,000 council house completions per year. Annual cost now: £8 –…