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    Tuesday February 7, 2012 
    compiled by Christopher Chantrill

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    UK Government Spending From 1600 to Present

    by Christopher Chantrill
    November 18, 2008

    A LONGER perspective on government spending in the UK is given in A Farewell to Alms by Gregory Clark. Back in the early 1600s during the reign of the Stuarts, government spending was about two percent of GNP. It rose after the Glorious Revolution to 10 percent of GNP.

    Government spending rose throughout the 1700s as Britain under the Whigs fought wars in Europe and North America, and peaked at 30 percent of GNP during the Napoleonic Wars.

    After Napoleon was sent to St. Helena, government spending went down, bottoming out at about 8 percent in 1875 before beginning a century-long increase in the 20th century.

    Christopher Chantrill blogs at www.roadtothemiddleclass.com.  His Road to the Middle Class is forthcoming.

    print view

     

    Budget News

    Autumn Statement 2011
    Chancellor George Osborne introduces six more years of pain.

    Budget 2011: George Osborne set for 8bn pound windfall
    Treasury revenue up, so no spending cuts in Budget 2011

    2011 Budget - HM Treasury
    Budget Day is Wednesday 23 March 2011.

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