£36,000,000,000

#1
Just on the news, that's the benefits bill for London for 2012. Does that seem like a lot to you? It does to me and makes me wonder where it will all end.
 
#2
Just on the news, that's the benefits bill for London for 2012. Does that seem like a lot to you? It does to me and makes me wonder where it will all end.
Not well, that's for sure.

We're ****ing doomed.
 
#3
Interesting further comment on the news article, average house price across London is now £500,000. London seems like a mad house, no pun intended.
 
#4
Interesting further comment on the news article, average house price across London is now £500,000. London seems like a mad house, no pun intended.
Leafy south west london more like £700k!
Example: 1 bedroom flat SW19 £170k+
3 bedroom semi-detached near Taunton £170k
 
#5
Agree the prices you mention for the nice parts.

It all seems to be like the capital is becoming some sort of behemoth that works unlike anywhere else in the country. Do other capital cities have this kind of divorce of reality to their regions?
 
#6
Agree the prices you mention for the nice parts.

It all seems to be like the capital is becoming some sort of behemoth that works unlike anywhere else in the country. Do other capital cities have this kind of divorce of reality to their regions?
Some yes. London however does seem in some respects a nation within a nation.
 
#7
It will end with the country being bankrupted. Only then will some people realise that something for nothing is unsustainable. Equally unsustainable is sixty million plus people in a country the size of England. I do mean England and not the rest of the UK.
 
#8
The scary thing about this is the last time I was on JSA I got just over £100 a fortnight. So, taking just JSA (I appreciate there are other benefits available but I'm making a point) the amount paid out is equal to 15,000,000 people claiming JSA in the London area.

No wonder we have no Carriers and they are making Soldiers redundant.
 

Bouillabaisse

LE
Book Reviewer
#9
"This country is going to the dogs. If we don't stop spending money on chariots and bigger long houses we're****ed"

King Caractacus 47AD
 

Drivers_lag

On ROPS
On ROPs
#10
It will end with the country being bankrupted. Only then will some people realise that something for nothing is unsustainable. Equally unsustainable is sixty million plus people in a country the size of England. I do mean England and not the rest of the UK.
****ing London. I lived there when I first got out. I hated the place so much that it actually made me ill.

Never EVER again.
 
#11
About 8 million people in London divi up £36,000,000,000 that's about £4,500 each; who's got mine?
 
#14
Ah, for London for the year 2012. We had so much Olympics bollocks last year I've still got "London 2012" ringing in my ears. Wondered how it had caused greater spending on benefits.
 
#15
Felt for the first time today like things were slowly grinding to a halt, as cost cutting makes day to day life increasingly frustrating. Can't explain the feeling, maybe just a hangover.
 
#16
Source? Presumably greater London? 8.2Mio people with a GDP of £34,200 per capita. That would amount to 280Mia GDP of which 36Mia would about 12.86%? Sounds about right, it's 13% nationwide apparently:
Benefits in Britain: separating the facts from the fiction | Politics | The Observer
Source = BBC News, television style so I can't give you a lookup type reference. I would assume Greater London although the report did not specifically delimit the matter.

Without getting into the analysis of stats (that is sure to result in an endless painting of the picture this way and that according to whim) the figure just seemed startling. Of course in the grand scheme of things it might/might not be a big/small slice of the pie. Politicians will surely tell us the truth to save us the time thinking about that.
 
#17
Just on the news, that's the benefits bill for London for 2012. Does that seem like a lot to you? It does to me and makes me wonder where it will all end.
Which particular benefit was it, or is it every single benefit payable just to make a scary figure up?
 
#18
Just on the news, that's the benefits bill for London for 2012. Does that seem like a lot to you? It does to me and makes me wonder where it will all end.
Don't worry, the South East England Nationalist Party (UKIP) have a plan in hand: withdraw from the EU and the 7 billion saved per annum will go towards a couple of months of London welfare payments.

Mind you, not sure how they will finance all their other spending promises/gimmicks...
 
#19
if 17.3% of the population (source: CIA factbook) is over 65 years of age (and hence drawing a pension), then from a population of 8m £36bn equates to a £26k pension each, assuming none is spent on anything else
 
#20
Which particular benefit was it, or is it every single benefit payable just to make a scary figure up?
Probably the latter, it was a high level report so no long winded breakdown. The other point I recall from the report was that the figure was pretty much the same as for the defence budget.
 

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