British naval expenditure 1900-1905

British expenditure on the Royal Navy between 1900 and 1905.[1]

1900-01 £32,131,062 7s 3d
1901-02 £33,726,491 10s 11d
1902-03 £34,201,994 4s 8d
1903-04 £39,221,000
1904-05 £42,001,400

This represents a remarkable 31 percent (£9,870,338) increase in the naval budget over the five year period.

[1] HC Deb 29 February 1904 vol 130 c124.

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