Funding Britain's Future
Transparent costings & balanced budget.
Together Britain Collective is committed to responsible, transparent, and practical governance. Our policies are fully costed, sustainably funded, and designed to benefit everyone while either breaking even or generating a modest surplus for reinvestment.
1. Universal Wellbeing Fund (UWF)
Objective: Give every citizen credits to improve health, skills, education, volunteering, and sustainable living.
- Quarterly credit per person: £250 (reduced from £500 for fiscal balance)
- Annual cost per citizen: £1,000
- UK population: 67 million
- Total annual cost: £67 billion
Phased rollout: priority groups first (youth, retirees, low-income households).
2. Economic Policy – Minimum Wage & Small Business Support
Minimum Wage
- Target: £14/hour
- Phase-in over 3 years to reduce immediate burden
- SME support: payroll tax credits, low-interest loans, apprenticeship subsidies
- Net cost after small business support: £6–7 billion/year
Wealth & Exit Taxes
- Wealth tax: 1% annual on assets above £10 million → £6 billion/year
- Exit tax: 10% on large offshore transfers → £1.5 billion/year
Revenue fully offsets wage and program costs, leaving room for surplus.
Small Business Support
- Grants, training, and loans: £2 billion/year
- Funded partially through redirected business rates and efficiency savings
3. Local Government Programs
Designed to complement national policies without exceeding overall budget.
| Program | Cost / Funding Approach |
|---|---|
| Participatory Budgeting | £50 per household; funded from local council efficiency savings |
| Health & Wellbeing Hubs | £1–2 million per community; partially funded via UWF allocation |
| Green Initiatives | £500k–1 million per borough; funded via green grants & partnerships |
| Small Business Grants | £500k–1 million per borough; co-funded with SMEs |
| Cultural Programs | £250k–500k per borough; funded through council and sponsorships |
4. Total Annual Cost vs Revenue
| Policy Area | Cost (approx.) | Revenue / Offsets | Net Effect |
|---|---|---|---|
| Universal Wellbeing Fund | £67 billion | Funded via central taxes & voluntary contributions | £0 (balanced) |
| Minimum Wage + SME Support | £6–7 billion | Wealth & exit taxes: £7.5 billion | +£0.5–1.5 billion surplus |
| Local Programs | £5–6 billion | Council efficiency savings, partnerships, grants | Balanced |
| Total | ~£78–80 billion | ~£78–80 billion | Balanced or small surplus |
For full revenue and expenditure detail, including current government debt (£2.5T, £80–90B annual servicing) and total revenue (~£426–470B), see our Full Policy Costings & Debt Overview.
5. Surplus Allocation
Any modest surplus (~£0.5–1.5 billion/year) will be reinvested into:
- Expanding the Universal Wellbeing Fund to more citizens
- Boosting SME support and apprenticeships
- Additional community green and cultural projects
- Emergency local projects or economic stabilisation initiatives
This ensures every penny benefits citizens or communities, not sitting idle.
6. Fiscal Principles
-
Balanced Budget
Every policy is fully funded and either breaks even or generates a surplus.
-
Progressive & Fair
Wealthiest contribute proportionally; benefits reach all citizens.
-
Sustainable & Growth-Oriented
Policies promote long-term economic, social, and environmental health.
-
Transparent & Accountable
Public reporting of spending, revenue, and surplus reinvestment.
Conclusion
Together Britain Collective's economic and social policies are bold, practical, and financially sustainable. By combining progressive taxation, fair wages, and local initiatives, we ensure every citizen benefits, our communities thrive, and the budget is responsibly balanced with potential surplus for reinvestment.