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Following the swift election of Mr. Osborne as Conservative Party Leader, the former Chancellor has been meeting with individuals to discuss their future in Government; the result of this will be seen on Monday Morning when Cabinet meets for the first time.
A Statement from No. 10 Downing Street Conforms the new Government to be:
Prime Minister: George Osborne.
Chancellor of the Exchequer: Sajid Javid.
Secretary of State for Foreign Affairs and Int. Development: Philip Hammond.
Secretary of State for Interior Affairs, 1st/SoS: Michael Gove.
Secretary of State for Defence: Michael Fallon.
Secretary of State for Education, Skills, Culture, Sport, Science, Research and Technology: Nicola Blackwood.
Secretary of State for Welfare, Health and Social Policy: Nicky Morgan.
Secretary of State for Business, Industry, Labour and Energy: Matthew Hancock.
Secretary of State for Transport and Infrastructure: Jo Johnson.
Secretary of State for Local Government, Northern Ireland: Andrea Leadsom.
Secretary of State for the Environment, Rural Affairs, the Fisheries, and Food: Zac Goldsmith.
Leader of the House of Commons, Chief Whip: Kenneth Clarke.
Leader of the House of Lords, 'Lords Whip: Baron Lawson of Blaby.
Chief Secretary to the Treasury: Priti Patel.
Attorney General: Dominic Grieve.
Minister(s) without Portfolio: Jese Norman, Jeremy Hunt.
Budgetry Report:
- GDP: $1,960,224,302,987.00
- GDP Growth: 2.6%
- % As Spend: 55%
- Government Spending: $1,108,310,820,908.85
- Budget Year: 2016
- Population: 64,864,800.00
- Population Growth: 0.10
- GDP Per Capita: $31,066.32
Government Expenditure:
| Category: | Percentage: | Allocated Funds: |
|---|---|---|
| Defense and Research | 18.10% | £200,604,258,584.50 |
| Pensions | 14.03% | £155,496,008,173.51 |
| Health Care | 12.70% | £140,755,474,255.42 |
| Transportation & Infastructure | 12.19% | £135,103,089,068.79 |
| Other Spending | 10.51% | £116,483,467,277.52 |
| Welfare | 10.24% | £113,491,028,061.07 |
| Education | 8.40% | $93,098,108,956.34 |
| Business & Energy | 5.94% | £65,833,662,761.99 |
| Debt Interest | 4.29% | £47,546,534,216.99 |
| State Protection | 2.90% | £32,141,013,806.36 |
| Foreign Aid | 0.70% | £7,758,175,746.36 |
Government Income:
| Category: | Percentage: | Revenue: |
|---|---|---|
| Basic Rate Income Tax | ||
| Higher Rate Income Tax | ||
| Additional Rate Income Tax | ||
| Inheritance Tax | ||
| Council Tax | ||
| VAT | ||
| Excise Duty | ||
| Stamp Duty | ||
| Debt Interest | ||
| Corportation Tax | ||
| Business Rates | ||
| National Insurance | ||
| Capital Gains Tax | ||
| Fuel Duty | ||
| Road Tax | ||
| Air Passenger Duty |
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