BreakingFast political coverage, Westminster reaction, Reform watch and UK headlines
Header premium placement
Rejoining EU Would Cost Britain £22 Billion a Year Warns Former Vote Leave Chief

Rejoining EU Would Cost Britain £22 Billion a Year Warns Former Vote Leave Chief

5Shares
Premium article placement
Audio

Listen

Tap play to hear this story.

Rejoining the European Union would cost Britain £22 billion a year, the former chief executive of the Vote Leave campaign has warned, as fresh polling shows most Britons remain opposed due to the enormous price tag.

Lord Elliott: £22 Billion Annual Bill

Lord Elliott of Mickle Fell told GB News’ Chopper’s Political Podcast that the figure is based on the UK’s final £17 billion net contribution in 2020, adjusted for inflation and the loss of the UK rebate. He said: “The bill will be roughly £22 billion… That’s the estimated fee we’d have to pay every year to be a member of the EU now.”

The peer stressed that this is three times the entire UK prisons budget and comes at a time when families are already struggling with the cost of living.

End of article premium ad

Join the discussion

Leave a Reply

More Recent News

Discover more from Breaking Brexit News

Subscribe now to keep reading and get access to the full archive.

Continue reading