Exact(60)
Thus comparisons between individual total expenditure would be misleading".
However, expenditure would fall heavily on energy bills rather than being spread imperceptibly across the economy.
In England, the rise in education expenditure would be 4.4% a year after inflation.
Such rapidly rising expenditure would surely have come under sharper scrutiny even without the prompting of an economic crisis.
On one slide, he estimated how much extra capital expenditure would be needed to produce extra coffee pods.
Nevertheless, the taxpayers who fund public expenditure would be right to ask one simple question about Britain's record.
If Torre and Colletti told him that making such an expenditure would be a wise investment of his money, McCourt said, "I'd be all ears".
Heralding an era of more conservative physical growth, the chain told investors that its annual capital expenditure would not exceed £2.5bn for the next three years.
If the Treasury reversed its decision to count the FiT on its books, public expenditure would be reduced at a stroke.
In any case, they say, the expenditure would be small because experts would be drawn from the United Nations' existing staff.
He said the remaining savings from departmental expenditure would be detailed in the comprehensive spending review, to be held in autumn 2015.
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