Remember that glorious summer when the bold Brexiteers charged around in that bus with the slogan which said they’d spend £350m a week on the NHS?
Things are looking a bit different now, aren’t they?
And now that Brexit is looking like it’ll cost us £220 billion, one Redditor has calculated a few things we could have bought with that money – rather than ‘getting our country back’.
After Philip Hammond’s budget, the Office for Budget Responsibility said government debt would hit £1.954 trillion in five years – an increase of £220 billion.
Robert Peston said, ‘It’s reasonable to characterise that £220 billion increase in the national debt as the financial cost of Brexit..
£78 billion of that is due to the expected post-referendum slowdown in the economy, £16 billion is from government spending and tax decisions, and most of the rest is the result of measures taken by the Bank of England in August to avert recession…
Almost two years of the NHS
The NHS costs £116.4 billion per year to run
Renewing Trident twice
The total running and renewal cost of our nuclear deterrent over 40 years.
Five years of our army
The annual total cost of all of the UK’s armed forces is £37.4 billion based on 2015’s figure.