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. Those advocating [rejoining] need to build sustainable public support for what EU membership really involves.”
What it really involves is the return of free movement, a “significant budget contribution” (which is code for ‘multiple billions’), surrendering our waters, and entering a torturous 10-year application process in which Prime Minister Burnham / Streeting / Miliband would have to go cap in hand to Brussels begging for mercy. Vote Leave chief Lord Elliott estimated last month that the full annual membership bill would hit £22 billion, which is three times the current prisons budget. That is a conservative estimate…
Paula Barker, Liverpool Wavertree MP backing Andy Burnham, told Times Radio there wouldn’t be trouble from the markets under Burnham:
“The markets will have to fall in line.”