Top 10 facts about £1.7billion
AS THE row continues over the £1.7bn bill sent by the EU to Britain, let’s have a few facts about how much money this really is.
Top 10 Facts About 1.7 Billion
1. £1.7bn is about £140 million more than the value of all the £5 notes currently in circulation.
2. £1.7bn works out at £26.52 for every man, woman and child in the UK.
3. At the adult minimum wage of £6.50 an hour, working a 40-hour week and taking five weeks off a year, it would take 139,116 years to earn £1.7bn.
4. According to the Forbes list of the world’s richest people, £1.7bn is about one tenth of the net worth of Facebook founder Mark Zuckerberg.
5. The UK spends £1.7bn on defence every fortnight.
£1.7bn is about one tenth of the net worth of Mark Zuckerberg
The UK spends £1.7bn on health care every five days
6. The UK spends £1.7bn on health care every five days.
7. If the government collected all the £1 coins in circulation and paid them to the EU, it would fall short of £1.7bn by about £147 million.
8. A pile of 1.7 billion one pound coins would be 600 times as high as Mount Everest.
9. £1.7bn in £50 notes would cover an area equal to 63 football pitches.
10. £1.7bn has been estimated to be the total annual savings British households would make if we turned off all appliances left on stand-by.