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Brussels Would Hit Britain With £5 Billion Rebate Raid to Rejoin

Adam Cherry· ·1 min read · 0 reactions · 0 comments · 18 views
#brexit#eu#politics
Brussels Would Hit Britain With £5 Billion Rebate Raid to Rejoin
⚡ TL;DR · AI summary

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.

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Guido Fawkes · Adam Cherry
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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.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Guido Fawkes.

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