Using the data in the tables below, calculate the size of Valeria's forecast budget deficit for the financial year 2025/2026.
| Source of Revenue | Amount (£ bn) |
|---|---|
| Income Tax | 215.4 |
| National Insurance Contributions | 142.8 |
| Value Added Tax (VAT) | 138.5 |
| Corporation Tax | 84.2 |
| Excise Duties & Other Revenues | 63.1 |
| Area of Expenditure | Amount (£ bn) |
|---|---|
| Social Protection & Pensions | 285.6 |
| National Health Service | 182.4 |
| Education & Childcare | 114.3 |
| Defence & National Security | 62.7 |
| Public Infrastructure & Transport | 74.8 |
| Debt Interest Payments | 51.2 |
44 exam-style questions on Edexcel A A Level Economics 4.5.3 Public sector finances. Each one has a worked solution and a mark scheme showing where the marks go.