August 25th, 2009EU membership to cost UK £6.4bn
The cost of the UK’s membership in the European Union is set to rise by around 60% in 2009/10. Currently the United Kingdom pays out a total contribution of £4.1bn, but that is set to rise to £6.4bn over the next year or so.
According to the UK treasury, they believe it is fair to “share the burden of membership with new accession countries”, a statement which is opposed by the Tory party who claim it is a sign of “Labour’s incompetence” since they have been in power.
The figures show a dramatic rise from £53 per household in 2004 to a potential £260 per household in 2010, signifying a possible 490% increase.