Across the UK, expenditure on the Coronavirus Job Retention Scheme (CJRS) accounted for over 50% of the identifiable COVID-19 support scheme expenditure. London also had a much larger increase in expenditure on transport than other regions, with an increase of £5.5 billion, roughly one-third of the UK transport increase of £15.4 billion in FYE March 2021.įigure 5 shows identifiable COVID-19 support scheme expenditure. COVID-19 support schemes is made up of the Coronavirus Job Retention Scheme, Self-Employment Income Support Scheme, Bounce Back Loan Scheme, Coronavirus Business Interruption Loan Scheme, Coronavirus Large Business Interruption Loan Scheme and Eat Out to Help Out.ĭownload this chart Figure 4: London saw the largest increase in its expenditure in financial year ending (FYE) March 2021 Image.Other enterprise and development includes regulation and support of general economic and commercial activities, and includes grant support for businesses introduced as part of the response to the coronavirus pandemic.Social Protection includes state pensions, social care, sickness and disability, unemployment, and child and parent-related benefits. ![]() Health was the second biggest contribution to the increase. Identifiable COVID-19 support scheme spending was the main contributor to the increase in expenditure. Health expenditure increased by £56.0 billion, while social protection increased by £24.2 billion.Ĭonsistent with this national picture, every country and region saw an increase in expenditure in FYE March 2021. More information about these support schemes can be found in the notes to Figure 4. Identifiable COVID-19 support scheme expenditure accounted for around £99.1 billion. In FYE March 2021, there was a £227.7 billion increase in expenditure. For example, additional expenditure on personal protective equipment (PPE) by the NHS will be reflected in higher expenditure on health, but it is not possible to say how much of the overall increase of expenditure on health is directly because of the coronavirus. However, not all of it can be separately identified as expenditure in response to coronavirus. ![]() Public sector expenditure undertaken in response to the coronavirus (COVID-19) pandemic in 2020 and the first quarter of 2021 is included in this article. Per head estimates are calculated using the ONS’s annual mid-year population estimates.London had the highest expenditure per head in FYE March 2021 at £19,230 while the East Midlands had the lowest at £15,000.London raised the most revenue per head (£18,430) in FYE March 2021, while the North East and Northern Ireland raised the least (£8,700 and £8,750 respectively). ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |