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Thread: Benefits Britain: 700,000 families pocket at least £15,000 a year

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    Default Benefits Britain: 700,000 families pocket at least £15,000 a year

    Almost 700,000 families are now pocketing more than £15,000 a year in benefits - meaning it does not pay for them to go to work, official figures showed today.
    A ‘state of the nation’ report published by Iain Duncan Smith has laid bare the shocking scale of welfare dependency that has built up under Labour.
    The study - based on internal figures from the Department for Work and Pensions - found an astonishing 670,000 households now receive benefits worth more than £15,600 a year
    More at
    http://www.dailymail.co.uk/news/arti...-payments.html

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    Any idea how large a percentage of all the public spending in Britain this amounts to?

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    The government took in just over £600 000 000 in tax revenue (over 39% of GDP) in 2007-2008. Total expenditure for the same financial year was £520 000 000. The above figure would amount to around 2% of Government expenditure for the year 2007-2008.

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