BigJoe#1
Well-Known Member
Tim, on your first para I think we do send approximately £350m a week. The inward investment us just that, it's the EU giving money to British projects. As I understand it, the rebate is retrospective, Ie you get a refund based on the previous years contributions. Whether that rebate is in the form of cash based on the previous years payment, or whether is discounted against the current years payment I really don't know, either way it does affect the overall amount we pay in and get back.That may be the figure that never goes to the EU because we make the deduction here (it's not really a rebate). Even the strongest Brexiters say our net contribution is £10billion after EU spend here. This also includes some areas that we have spent more on (whether you agree with it or not) if the EU didn't exist!
The vast majority of the £10 billion would go if we entered a trade agreement at the same cost per person at Norway. Then if we could get a deal that didn't invlude free movement then here would be costs from implementing the mooted points and visa system (that might be worthwhile). The notion of savings is misleading!
Realistically we should be talking about £10.5bn nett contribution plus £4.5bn or £5.5bn whichever is the inward investment amount, or just talking about the £10.5bn with a pledge that the inward investment (to farmers in the form of CAP payments etc) would continue. The problem with the last point is that Breaxit is not a political party so it cannot commit yo what the Conervatives, Labour or any other party will do. All it can do I'd highlight her potential opportunity presented by our leaving!