Thought I'd start a new thread as this is going to be a major talking point this year...have not made up my mind yet...(unlike bucksfizz)....but thinking of voting for an exit as Europe is not doing Britain any good at all it seems....

BB

Surely it's. £150 million a week. Not a day. If you are going to spout shit get the number more accurate.

£327 million a week, which works out at a mere £17 billion net pa.

Or at least that the latest fig put on the contribution that I have seen.



I'm not sure why peeps get annoyed at this, it's money well spent according to Dave.

Maxk

Don't forget what we get back. The nett figure is not £327 million as you well know. But hey don't let the truth get in your way.

What on earth are you talking about?

The gross is something like £50 billion pa, but with rebates and other moneys flowing back, this is reduced to about £17 billion net contribution.

Go and check your facts!

Mark,

Baloney!

Whatever the net cost of contributions to the EU, the full cost is much higher once the costs for the NHS, housing development, schools, education and benefits are added.
I have to wince when I see that the money returned from the EU has to be destined to those areas approved by the Politburo, aka Commission, and have billboards publicising the fact that EU "grant"s are involved. Fines or claw back are the possible penalties for those, including farmers, that don't participate in the propaganda.

Maxk

Uk nett contribution is a lot less than £350 million per week. Check it out..

Try fullfact.org .... Google...... What is UK contribution to EU budget.

2015.... UK paid £13 billion to EU budget. EU spending on UK £4.5 billion ..Nett contribution £8.5 billion

Where did you get your £50 billion gross and £17billion nett. ??
Sounds like you're talking bollocks.

I got it off a site put up by someone else, it's from memory.

So the figs might be a bit suspect, but it's still a lorra money.

Try this outfit:


https://fullfact.org/europe/our-eu-membership-fee-55-million/

maxk

Thks for link.

I've no beef with you and respect your right to vote what ever way you wish.

But the EU debate is reduced to a farce if suspect figures like £50 billion are pulled out of the air.

Cheers

http://www.telegraph.co.uk/news/newstopics/eureferendum/12176663/EU-Facts-how-much-does-Britain-pay-to-the-EU-budget.html

In 2015, the UK’s full membership fee would have been £17.8 billion. However, Britain doesn’t pay that full fee.

Because of a deal negotiated by Margaret Thatcher in 1984, Britain gets a “rebate”, an annual reduction in contributions.

Last year, that rebate reduced our contribution to £12.9 billion. That’s around £200 for every person in the UK.

12.9 billion is around £35 million a day. That’s less than the £55 million-a-day figure that a lot of people campaigning the leave the EU cite.

That’s because the £55 million figure is based on the EU contribution before the rebate is applied. Brexit campaigners use the phrase “£55 million is sent to the EU every day” to suggest that the gross sum is paid to Brussels before a portion is sent back to the UK.

In fact, the rebate is effectively deducted at source, and so not actually sent to the EU at all.

Using the post-rebate figure, it’s more accurate to say the UK sends £35 million a day to the EU.

What do we get back?

Some of our contribution comes back to the UK in the form of subsidies and grants. British farmers get money from the Common Agricultural Policy and various economic development and scientific research projects get EU cash.

The Treasury says total EU payments to British public were £4.4 billion in 2015. Payments to private organisations were worth another £1.4 billion in 2013 (the most recent year on record.) That suggests we get back almost £6 billion a year.

So the net amount is £6.9 billion. That is £132 million a week or £19 million a day.

I'll have a another look later, see if I can find the link.

But I admit, it does sound iffy.

''The Treasury says total EU payments to British public were £4.4 billion in 2015. Payments to private organisations were worth another £1.4 billion in 2013 (the most recent year on record.) That suggests we get back almost £6 billion a year.

Would be interesting to have a breakdown of where exactly this £5.8 billion goes.
2517

People can argue till the cows come home but unless the (so called leading) countries in the world stop looking at

a) Growth at any price and b) debt fuelled growth followed by the inevitable crash then whether we are in Europe or not matters little as far as economics are concerned.

Haystack

Yep.. But just for the record £132 million a week to EU is about £19million a day. ( see your piece.... £19/day.... on last line)

We on the "stay in" side wouldn't want to have it thrown back at us that we claimed our contribution was only £19/day

Just so we have a bit of common ground to start the day ....it is not £150 million a day as BB stated, but more like £19 million a day.

Now let the debate rip.

A gauge tracking Poland’s manufacturing industry had its second-biggest one-month decline since the global financial crisis in late 2008, marking “an abrupt loss of momentum” at the start of the second quarter, according to Markit Economics.
The Purchasing Managers’ Index fell to 51 last month from 53.8 in March, remaining above the 50 threshold that separates contraction from growth, Markit said in a statement on Monday. April’s reading, which dropped below the figure for the euro area, was worse than than every forecast in a Bloomberg survey of 16 economists, whose median estimate was 53.
“The Polish manufacturing sector lost all the momentum gained since January,” Trevor Balchin, senior economist at Markit, said in the statement. “Moreover, a marginal rise in new orders suggests that overall conditions in the sector will remain subdued in May.”
A burst in economic expansion in late 2015 has fizzled out last quarter as the new government rolls out measures to prop up demand. Growth decelerated “sharply” from March in manufacturing output, new orders and employment, according to Markit.
The stumble will heap more pressure on the central bank, which has pointed to one of the European Union’s fastest economic gains as it kept borrowing costs unchanged since March 2015 despite the longest bout of deflation in 60 years.
Poland is the largest net beneficiary of EU aid, or wealth switching, but it doesn't appear to be doing much. I have spoken to a number of Poles regarding this aid and while they recognise that there are noticeable infrastructure improvements, job and wage growth is zero.

Lets get the FACTS right shall we...The GROSS figure that the UK
pays to the EU is 19.5 billion pounds, When you get your council tax
bill they don't take off all the segments like Police/Fire Authority
or Refuse, or the District council...Its all clumped together in one payment.

So the daily figure is approx 55 million pounds a day GROSS,
and a NET figure of 35 million pounds.

Yes there's the rebate, but the money that's handed back HAS to
be spent on projects that the EU says.

It also increases every year, and the more successful a countries
economy is the more they have to pay.

When MaxK states the figure of 50 billion, he could be getting
confused with the cost to businesses of having to implementing
the rules and regulations eminating from Brussels..

And another thing people are forgetting is the billions that
the UK have had to hand over in bailing out the likes of Greece
and to Turkey, so it all adds up to a lot more then what some
are trying to perceive as an miniscule amount.

We were excluded from the money to bail out Greece and we don't have to pay for Turkey either. We are not in the Shengen agreement so Turkey is not our problem. When Turks can come on visas to the EU they still won't be able to come here.

Grannyboy

It is the nett figure that's important, you idiot.

Surely as we are not in the Euro currency, we didn't have to fully contribute to Euro based Greek bail out.
Seem to remember on our own bat we bunged a few billion to Ireland as "friend to friend " to help them out. But we got it back.
Is some of the Turkey money not to help with the refugees?
Surely the whole idea is that the richer EU countries should pay more in to help the economies of the poorer?. We all eventually get to reap the economic benefits of a single European market.

The global liberal capitalist system we operate in requires that economic gains have to be shared.
Otherwise we continually move to an ever widening gap between rich and poor economies.
If poor countries are kept in economic distress with no access to trade in rich markets, do not be surprised if we have a migrant crisis.
It is a small world and if we wish to continue the economic gains received since WW2, weaker countries need to benefit too.
The UK has benefited handsomely from being in the EU, we will not easily give it up for economic isolation.

Haystack

Sorry.., you got there first, and said it better than I.