A dramatic expansion of government intervention has taken place in the U.K. in response to the global financial and economic crisis. The government has nationalized or seized ownership positions in some of the major banks. Public finance has deteriorated markedly. Welfare benefits have become a daunting burden. The government deficit has widened sharply, and gross public debt has climbed to over 70 percent of GDP.Mind you, they make some absolute howlers so there's room to doubt their accuracy.
The U.K. has a high income tax rate and a moderate corporate tax rate.
Government spending has risen steadily since the 1990s. In the most recent year, total government expenditures, including consumption and transfer payments, climbed to 47.3 percent of GDP. Fiscal stimulus measuring 2 percent of GDP has aggravated the deficit and national debt.
The U.K. has long had an efficient regulatory framework.Ahahahahahahahahahahahahahahahahahaha. Oh, but then there's this.
Corruption is perceived as minimal.Ahahahahahahahahahahahahahahaha. Oh God, I may need medical attention.
Tony? Gordon? This is your work, you worthless wastes of pig feed. And Dave, for fuck's sake wake up and stop carrying on their "good" work. What the fuck did Britain do to deserve these bastards, eh? Oh yeah, that's right. Millions voted for them, didn't they?