Referendum Watch: Cost of Membership

By Joe Young - Politics Editor

The cost of EU membership is one of the biggest, most disputed parts of the debate surrounding the Referendum. At Pluto, we’ve done the legwork so you don’t have to. However you vote, we want you to have the facts. As such, find three brute facts – all of which are cited – and three arguments from each side.

Brute Facts

  • In terms of literal currency, the UK gives more to the EU than it receives – we are a net contributor (Source)
  • In 2015, the UK contribution to the EU Budget was £17.8bn, and the rebate was £4.86bn (Source)
  • The UK also received £4.45bn in various other subsidies, like agriculture (Source)

Remain

  • The Remain side say that the economic benefits of remaining in the EU outweigh the net contribution the UK makes
  • They also say that per person, other countries pay more than the UK does for EU Membership
  • Finally, they say that if we do vote to leave, the UK would have to retain an EU Budget to keep access to the single market

Leave

  • The Leave side calculate the gross cost of EU Membership at £350 million a week
  • They say that if the UK left, this £350 million would be available to be spent in other areas
  • Finally, they also say that if the UK were to leave, we would have more of a say over how subsidies are spent

To read more in the Referendum Watch series, click here

About Joe Young 316 Articles
Joe Young has been involved with student media for a very long time now, holding posts within The Pulse, and Pulse Radio, as well as the predecessor of The Pulse, Pluto. He is currently Politics Editor of The Pulse, and Head of News of Pulse Radio. In 2016, he won the Media Award for Best Article for his coverage of the Fishergate Shopping Centre bomb scare.

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