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Old 06-11-2014, 08:07   #108
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
Posts: 13,995
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Re: EU demand extra £1.7bn from UK

Some more good news, this from an article I posted in a Eurozone thread but more related to this thread than that one.

Article.

Quote:
Tucked away in the report is a nugget that Britain alone accounted for almost all the EU's growth in 2013, half in 2014, and will still be the biggest contributor by far in 2015. This implies that the UK's net payments to the EU budget - already up fourfold since 2008 - will become ever more skewed. Or put another way, the more EMU makes a mess of its affairs, the more Britain must pay to prop it up.
Bend over and lube up, people. Any additional austerity from this year is spoken for.
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