News1 min ago
Why Do We Pay Eu 350Million Pounds A Week
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and who gets the money
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Quite so, Mikey. Wales also gets far more from the UK Exchequer than it pays in. The UK as a whole (apart from Northern Ireland and Scotland) is not so fortunate. The UK pays in around £19bn to the EU. How much it gets back is largely irrelevant (though it seems to be around £10bn). If all the £19bn was retained by the UK's Exchequer it could be spent precisely on what we wish. The amount gracefully returned by the Euromaniacs is provided with strict conditions and if we kept it those conditions would not exist.
The difference, jolly geoff, goes to support the Common Agriculltural Policy, the Common Fisheries Policy and various other wealth redistribution schemes concocted by the EU to suck money from the "rich" nations (among which the UK, with its >£1 trillion of debt, numbers) to give to the poor.
The difference, jolly geoff, goes to support the Common Agriculltural Policy, the Common Fisheries Policy and various other wealth redistribution schemes concocted by the EU to suck money from the "rich" nations (among which the UK, with its >£1 trillion of debt, numbers) to give to the poor.
"We don't pay it every week, it's yearly. Just like a Man U season ticket, we get a good discount on it."
The £350m figure quoted by jolly geoff is a WEEKLY figure. That amount leaves the UK's coffers every week of every year. It amounts to around £19 billion a year and that figure is not disputed by anybody. To understand how much this is it is about half the defence budget (£38bn) and just a little less than the transport budget (£23bn).
I don't know what the "discount" is to which you refer. In 1984 Mrs Thatcher secured a rebate on the UK’s contributions to the EU. This was because the Common Agricultural Policy (the CAP) which then accounted for 80% of EU spending (but now amounts to “only” 45%) was of little benefit to the UK. France and Italy receive about 55% of CAP funding. Nine other countries receive 40% between them. The UK shares the remaining 5% with 16 other countries.
Perhaps you mean the £10bn or so the EU kindly gives us back. Rather like saying that if you give me £100 and I give you £50 back (provided you spend it on what I tell you to) you have a “good discount”. To compare it with a Manchester United Season ticket is stupid. You can choose whether or not to buy a season ticket. You cannot choose whether to pay the EU £19bn a year (unless you vote to leave the EU when you have the chance next month). But before you go to the polling station have a read up on the cost to the UK of EU membership because it is not £350m a year as you seem to suggest.
The £350m figure quoted by jolly geoff is a WEEKLY figure. That amount leaves the UK's coffers every week of every year. It amounts to around £19 billion a year and that figure is not disputed by anybody. To understand how much this is it is about half the defence budget (£38bn) and just a little less than the transport budget (£23bn).
I don't know what the "discount" is to which you refer. In 1984 Mrs Thatcher secured a rebate on the UK’s contributions to the EU. This was because the Common Agricultural Policy (the CAP) which then accounted for 80% of EU spending (but now amounts to “only” 45%) was of little benefit to the UK. France and Italy receive about 55% of CAP funding. Nine other countries receive 40% between them. The UK shares the remaining 5% with 16 other countries.
Perhaps you mean the £10bn or so the EU kindly gives us back. Rather like saying that if you give me £100 and I give you £50 back (provided you spend it on what I tell you to) you have a “good discount”. To compare it with a Manchester United Season ticket is stupid. You can choose whether or not to buy a season ticket. You cannot choose whether to pay the EU £19bn a year (unless you vote to leave the EU when you have the chance next month). But before you go to the polling station have a read up on the cost to the UK of EU membership because it is not £350m a year as you seem to suggest.
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