Three quarters of Labours so called £20 billion black hole could be wiped out this year if they stopped foreign aid, that's another $14.5 billion they save every year. Then add the £750 million they are still paying the EU every year. UK spending on foreign aid 15 February 2018 For every hundred pounds that’s made in the UK, seventy pence goes towards foreign aid. Another way to say this is that the government has a target to spend 0.7% of the UK’s Gross National Income on overseas development aid each year. Gross National Income (GNI) is the UK’s annual output of goods and services, plus any income we get from abroad. https://fullfact.org/economy/uk-spending-foreign-aid/