Wednesday 8 July 2020

How much is 1 billion pounds [answered]

In a recent broadcast, by chancellor Rishi Sunak, a sum of 3 billion pounds for a green jobs plan was mentioned.

How much is a billion pounds? Google doesn't help by mentioning million pounds in search results.

So in 2020, how much is 1 billion pounds?

1 Billion is now accepted as 1,000 million pounds. As a number 1 billion is 1,000,000,000.
So 1 billion pounds is £1,000,000,000.

In context this is the cost of 40 streets in the UK.

There are 66.65 million people in the UK

Search Results

United Kingdom/Population
66.65
So that means that £1bn is £15 per person in the UK

One billion pounds is approximately £15 per person in UK
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