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£500 million over 60 million people over 10 years is £1 per person per year. I can believe it.
by OscarCunningham 3y ago
£500 million over 60 million people over 10 years is £1 per person per year. I can believe it.
- louthy 3y ago67 million people (as of 2020, so probably not far off 70m now)
- jonplackett 3y agoBut we had to spend 1.7 billion. So looks like we need to wait 37 years for payback…
- OscarCunningham 3y agoI don't know if the UK government paid the full amount, but £50 million a year for £1.7 billion is a 2.9% interest rate, which is approximately sensible.