OBR Says Brexit Liabilities Only £2.5 Billion Compared to £500 Billion* Cost of Remaining

Chuka and other remainers are gloating that the UK to EU “other liabilities”, mainly pensions, from 2019 to 2064 will accumulate to £2.5 billion. Of course what they don’t say is that if the UK stays in the contribution would hit some £500 billion* over the same 45 years…

*Assuming contribution payments grow at trend inflation.




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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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