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Explained in plain English

How much is £28bn?

£28 billion is a huge sum, equivalent to roughly £1,000 per household in the UK each year. To put it in perspective, it's more than the entire annual budget for the Department for Transport. Funding this would require significant adjustments to how the government collects and spends money.

Stories that explain this

Report suggests tax hike for middle earners to fund defense.

Related explainers

Why boost defence spending? What is the Resolution Foundation? What's 'middle earner' tax? UK's tax burden compared? Why are banks making so much? Why boost production so much? Why do CEOs earn so much? Why do clubs spend so much?

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