I read that the British contribution to the EU budget increased from £5.3billion in 2009 to £9.2 billion last year, according to the Office for National Statistics.
The increase is equivalent to the extra money being raised from the increase in National Insurance for higher-rate taxpayers, or the new 50p top rate of income tax. Taxpayers are being forced to contribute more following Tony Blair’s decision to reduce the size of this country’s rebate. The pound has also fallen in value compared with the euro, which means Britain has to pay more. The Treasury has also had to support EU bail-outs for Ireland and Greece. Last night, Treasury sources reacted with dismay to the increase in payments and said they were working to restrict further rises.
The UK will not be able to “restrict” further increases until it finds the courage to ask the people of the UK if they want to exit EU-land.