In the OBR’s February report there was a table, unnoticed at the time, which includes an OBR forecast on EU budget contributions up to 2021 based on Treasury information. They show the gross contribution soaring to £22.227 billion by 2021/22 – or £427 million per week. If, as Remainers and statisticians insist, we use only the net contribution – subtracting the UK rebate – then even that soars from £13.952 billion in 2016/7, to £17.405 billion in 2021/2. That is a massive 24.7% increase in 5 years…
But most importantly politically, even the net contribution of £17.405 billion works out at some £335 million per week in 2022. So even using the contested Remainer methodology, Boris would basically be right in four years if we don’t leave the EU…
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