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Opposition parties receive state funding to pay administration cost; Short Money [2] [13] in the House of Commons starting in 1975, and Cranborne Money in the House of Lords starting in 1996 however, there is no state funding available to parties for campaign purposes.
How much money does the government pay in interest? ... the more interest the government pays. That cost was not as great when interest rates were low during the 2010s, but became more noticeable ...
This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, mainly in parliamentary systems.
Distinct from both the national debt and the PSNCR is the interest that the government must pay to service the existing national debt. In 2012, the annual cost of servicing the public debt amounted to around £43bn, or roughly 3% of GDP. [11] By international standards, Britain enjoys very low borrowing costs.
It may be claimed to help former MPs with the costs of adjusting to life outside parliament. It is payable to any Member who ceases to be an MP at a general election. The amount is based on age and length of service, and varies between 50% and 100% of the annual salary payable to a Member of Parliament at the time of the dissolution. [2]
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However, the Treasury provided an additional £1 million to pay for Diamond Jubilee celebrations in 2012. [18] Royal expenditure differs from income due to the use of a Reserve Fund, which can be added to or drawn from. The official reported annual expenditure of the Head of State was £41.5 million for the 2008–09 financial year.
Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387