EU: UK Net Contributions Debate

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Department: HM Treasury

EU: UK Net Contributions

Lord Wigley Excerpts
Wednesday 24th October 2012

(12 years, 1 month ago)

Lords Chamber
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Lord Sassoon Portrait Lord Sassoon
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My Lords, the UK benefits from its membership of the EU. The UK should make a proper contribution to the net EU budget, but we have to see that the completely unacceptable proposals from the European Commission for the next multi-year period are reined back. The Commission’s proposals, as opposed to a real freeze, would mean an increased UK contribution of £10 billion, or £1.4 billion a year. That is indeed many nurses, policemen and other front-line public servants.

Lord Wigley Portrait Lord Wigley
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My Lords, the Minister said that the UK benefited from membership of the EU, and I think that many people will be glad to hear him say that. However, will he confirm that it is not just the rich regions of Europe that benefit from the structural funds? In fact, Wales, with the lowest GVA per head of any country or region in the UK, gets considerable benefit. If there were to be changes in this direction, can he give a guarantee that those sums will still come to Wales?

Lord Sassoon Portrait Lord Sassoon
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My Lords, I certainly accept that money should be targeted at the regions where it is most needed. I merely say that recycling money into the wealthiest regions seems like wasteful activity.