The price of the combined direct and indirect expenses of EU membership
in 2008 costs Britain £55.775 billion.
Set out in the latest Bruges
Group research by Gerard Batten, the full financial burden to Britain
has now been calculated. They show a dramatic increase in the costs of
the EU.
The Summary tells us:
• By
2008 Britain will have made total contributions to the European
Community (EC)
Budget
of £230.4 billion gross or almost £68.2 billion
net.
• By
the end of the current EC budget period Britain will have made
estimated total
contributions
to the EC Budget of £315.4 billion gross and £101.4
billion net.
• By
2007 Britain had an accumulated trade deficit with the other EU
member states of
£383.7
billion.
• The
Common Agricultural Policy costs Britain at least £16.8
billion per annum.
• The
Common Fisheries Policy costs Britain at least £3.275
billion per annum.
• Over-regulation
on business costs Britain at least £28 billion per
annum.
• In
2008 membership of the European Union costs Britain almost £65.675
billion per
annum
gross or almost £55.775 billion per annum net.
This
equates to:
Gross
Net
£
5.472 billion per month £4.648 billion per month
£
1.263 billion per week £1.073 billion per week
£
180 million per day £152.8 million per day
£
7.5 million per hour £6.367 million per hour
£124,952
per minute £106,117 per minute
• That
is the equivalent for every man, woman and child in Britain of £1,077
per annum
gross
or £915 per annum net.
• Or
the equivalent for every tax-paper in Britain of £2,119 per
annum gross or £1,799 per
annum
net.
As
Britain enters what could be the most serious economic crisis since
1929 this
money
would be much better spent in Britain for the benefit of the British
economy
and
people.
This is a price Britain just cannot afford. Click here to read the full analysis online
