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London, the capital of England and the Uni … London, the capital of England and the United Kingdom, has a fiscal surplus since the tax collected is above the amount spent on local services. Of all the United Kingdom's statistical regions, London runs the highest surplus both in absolute terms and per capita. In the 2016–17 fiscal year, London's surplus was £32.5 billion and its fiscal transfer was £38.6 billion.and its fiscal transfer was £38.6 billion.
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| rdfs:comment |
London, the capital of England and the Uni … London, the capital of England and the United Kingdom, has a fiscal surplus since the tax collected is above the amount spent on local services. Of all the United Kingdom's statistical regions, London runs the highest surplus both in absolute terms and per capita. In the 2016–17 fiscal year, London's surplus was £32.5 billion and its fiscal transfer was £38.6 billion.and its fiscal transfer was £38.6 billion.
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London fiscal balance
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