My friends at BIP Solutions have just sent round an e-mail highlighting their Tracker Spend Analysis service.
The most interesting part of the e-mail is too look at how much money the government has spent so far this year - see quotoation below
With a total spend so far from January 2011 of £146,003,754,510.17 – it is anyone’s game! |
So who has spent what? |
Central Government | £99,389,430,852.30 |
Local Government | £15,682,819,570.67 |
Emergency Services | £78,629,500.56 |
Non-Departmental Public Bodies | £3,114,832,048.07 |
NHS | £27,738,042,538.57 |
|
So year to date we are at £146billion, (or £146 000 billion if you are in the US), and on track for round about £200bn by the end of 2011. That is a lot of money. But is only about £2.5k (at the moment) for each person in the UK. Note that the NHS spends almost twice as much as all the councils put together, and that Quangos (while spending a hefty £3bn) are really only a couple of percent of the total - getting rid of them will not make a big difference.
So, if you are a small business interested in supplying the UK public sector, remember there is a lot of opportunities to target - even if the total spend is due to come down in future.
And if you are not then it is worth trying to understand where the money is going.
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