Money Matters: The story behind Britain's aid spending

Britain’s economy has been through a difficult time.

One response by policymakers has been to cut back on their development budget. 

In 2020, the government decided to cut overall aid spending from 0.7% of the country’s gross national income to 0.5%. Then, the money that was set aside for development was apparently being spent at home to fund the costs of housing refugees instead of being funneled to development projects abroad.  

This article is free to read - just register or sign in

Access news, newsletters, events and more.

Join us