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Thread: M4 Relief Road in Newport....

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  1. #1

    Re: M4 Relief Road in Newport....

    Quote Originally Posted by life on mars View Post
    From all of the UK , we were a net receiver of funds.
    On Mars maybe, but there isn't a political party or organization that doesn't accept the complete opposite :

    The UK pays more into the EU budget than it gets back.

    In 2017 the UK government paid £13 billion to the EU budget, and EU spending on the UK was forecast to be £4 billion. So the UK’s ‘net contribution’ was estimated at nearly £9 billion.

    Each year the UK gets a discount on its contributions to the EU—the ‘rebate’—worth about £5.6 billion last year. Without it the UK would have been liable for £18.6 billion in contributions

  2. #2

    Re: M4 Relief Road in Newport....

    Quote Originally Posted by A Quiet Monkfish View Post
    On Mars maybe, but there isn't a political party or organization that doesn't accept the complete opposite :

    The UK pays more into the EU budget than it gets back.

    In 2017 the UK government paid £13 billion to the EU budget, and EU spending on the UK was forecast to be £4 billion. So the UK’s ‘net contribution’ was estimated at nearly £9 billion.

    Each year the UK gets a discount on its contributions to the EU—the ‘rebate’—worth about £5.6 billion last year. Without it the UK would have been liable for £18.6 billion in contributions
    So, for each pound spent on membership of the European Union, roughly how much is that worth to the British economy in terms of having a free trade deal with the EU? Why do you think prosperous countries like Switzerland and Norway, while choosing not to be members of the EU, are happy to part with lots of wonga to have good trade deals with the EU? Not even Norway and Switzerland think it's a good idea to have a complete break from the EU and no trade deals.

  3. #3

    Re: M4 Relief Road in Newport....

    Quote Originally Posted by A Quiet Monkfish View Post
    On Mars maybe, but there isn't a political party or organization that doesn't accept the complete opposite :

    The UK pays more into the EU budget than it gets back.

    In 2017 the UK government paid £13 billion to the EU budget, and EU spending on the UK was forecast to be £4 billion. So the UK’s ‘net contribution’ was estimated at nearly £9 billion.

    Each year the UK gets a discount on its contributions to the EU—the ‘rebate’—worth about £5.6 billion last year. Without it the UK would have been liable for £18.6 billion in contributions
    Though I wouldn't dispute what you say but that vision of Boris and that big red bus comes to mind.Would the UK government match the EU spending on Wales and other deprived areas of the UK.Who knows the future but history tells you it wouldn't.And of course your statement does not take into account the billions in trading profits this country currently enjoys let alone the tax revenue as well.Much,much more than your 9b net contribution.

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