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| The Cost of British Membership of the European Union 2008 - figures in billions |
| Direct Costs - fact |
| Britain's Direct Contribution £14.6 |
| EU spending in UK |
| Mainly CAP and Social & Regional Development fund £5.20 |
| Remember this is our own money and much of it is used for EU propaganda |
| Rebate - negotiated by Thatcher in 1984 approx £5.10 |
| UK net contribution approx £4.30 |
| This figure will rise to about £6.8 during the current accounting period (2007 - 2013) because Blair surrendered part of our rebate in 2006. |
| It could rise even further due to the weakness of the pound. The UK is the second largest net contributor after Germany |
| Indirect Costs |
| The CAP forces up the price of food and the cost is estimated at £16.8 |
| 19% of British agricultural
imports come from outside the EU, and these are subject to the Common
External Tariff. This equates to £20 extra a week on the food bill for a family of four people. |
| Common Fisheries Policy which has destroyed our Fishing Industry £3.30 |
| This is the value of the lost catch alone, never mind lives and communities ruined |
| EU over-regulation: This has been estimated at 2% of GDP £28.0 |
| Only 10% of businesses trade
with the EU but 100% have to comply. The Chambers of Commerce put this figure a lot higher |
| Hidden Costs |
| Additional payments to EU institutions and EU related projects estimated £3.00 |
| TOTAL gross £65.7 |
| TOTAL net £55.4 |
| The net figure equates to £915 for every man, woman and child a year, or £1799 for every tax-payer |
| For the fourteenth year running the European Court of Auditors has been unable to sign off the accounts. They cannot even account for 5% of the EU budget (6 billion euros) |
| Truly accurate figures are difficult to obtain even for the "Direct costs", so you may see different figures quoted, and some people are still quoting 2006 or 2007 figures. However they will all be in the same ball-park |
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These figures have been produced by Gerard Batten, UKIP MEP |
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RC 13.04.09 |
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