The EU budget is worth about €975 billion (£875 billion) between 2007-2013. According to the Treasury, the UK pays in almost £10 billion a year into the EU’s budget, on average (after the rebate), and gets back about £5.2 billion on average. Crucially, the UK’s net contribution will go from £3 billion in 2009-10 (gross contribution £7.6 billion) to £6.4 billion in 2011-12 (gross contribution £12 billion), according to the Treasury’s projection. The UK is also the EU country that receives the least back from the budget per head.
If the UK receives the least back per head, why the hell are we in it?
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