BRITAIN’S DEBTS
HEAVY ANNUAL BURDEN COST OF WAR PENSIONS British Official "Wireless RUGBY, Sunday. An abstract account, of the Consolidated Fund, published by the Treasury, shows that Britain’s burden of debt payments of £1,000,000 a day last year included interest payment of £ 310,000,000, management and expenses £1,400,000 and new sinking fund £ 57,000,000.
Other figures included in the account show that the cost of war pensions last year declined by £3,000,000 to £57,000,000. There are still over 1,476,000 persons who are receiving pensions and allowances. Since the Ministry of Pensions was established the total expenditure on war pensions and administration has exceeded £945,000,000.
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Sun (Auckland), Volume III, Issue 906, 25 February 1930, Page 10
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102BRITAIN’S DEBTS Sun (Auckland), Volume III, Issue 906, 25 February 1930, Page 10
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