Sunday, 21 August 2016

LEAVING MORE EXPENSIVE THAN STAYING?

Christopher Booker at The Telegraph is suggesting that leaving could actually cost more than remaining in the EU (HERE), based on the net contribution at £12.9 Bn and the amount we have now confirmed we will continue to pay for farm subsidies, regional funding and research, plus £2 Bn we pay to 27 EU agencies that he says would cost us more to provide ourselves.

On top of this £11.2 Bn, he claims we owe the EU £5 Bn per year for spending commitments we are already signed up to until 2027.  So, overall we will be considerably worse off - at least until 2027 and this is without taking account of any economic hit.

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