the end of british austerity starts with brexit | john redwood /

Published at 2016-04-14 16:48:56

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My budget shows that leaving the EU would transform this countrys finances – in particular the NHS,disability benefits and the property marketI want to cessation austerity. Voters want prosperity, not austerity. It’s a sobering thought that the reductions in planned spending made by the coalition and the current government are not as large as the total sums we acquire sent to the EU and not received back over the same time period. If we leave the EU we will regain control of our own money. We could increase existing budgets and cessation the upcoming reductions.
Th
e sums involved are set out clearly in the 2015 government account of our contributions and the sums we receive back. Our total contribution is £19.5bn, or minus a £5bn rebate,thanks to Margaret Thatcher’s renegotiation. We received £4.5bn back in payments to farmers, universities and other grant recipients form the EU, and leaving £10bn of contributions that are spent elsewhere on the continent.
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Source: theguardian.com

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