Brussels Would Hit Britain With £5 Billion Rebate Raid to Rejoin
Britain could face a significant financial burden if it rejoins the EU, losing its rebate and paying at least £5 billion more annually. The UK’s last European commissioner warns that there would be no special deals upon re-entry, which would involve renewed free movement and a substantial budget contribution. Advocates for rejoining must prepare the public for the realities of EU membership, including a lengthy application process and potential costs.
- ▪Britain would lose its EU rebate and pay at least £5 billion more annually if it rejoins the EU.
- ▪There would be no special deals on re-entry, according to the UK’s last European commissioner.
- ▪Rejoining the EU would involve renewed free movement and a significant budget contribution.
Opening excerpt (first ~120 words) tap to expand
Britain would lose Margaret Thatcher’s EU rebate and pay at least £5 billion a year more than before Brexit if Labour drags the country back into Brussels, according to the UK’s last European commissioner. The Burnham premium would cost billions… Sir Julian King warns today that Brussels would not tolerate any “special deal” on re-entry. Which is obvious to everyone on planet Earth other than the people fighting for the keys to Number 10… He tells the Telegraph: “The door’s open, but we shouldn’t expect any special deal. That doesn’t mean, in practice, adopting the euro, but it would mean renewed free movement across Europe and a significant budget contribution.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Guido Fawkes.