EU Annual Membership Fee Over $22 Billion If Brexit Fails

UK to pay steep price if Brexit falls through

Image Credits: Chatham House, Flickr.

Britain’s annual payment to the EU would soar to more than £22billion if Brexit was canceled, anti-Brussels campaigners said yesterday.

New figures based on European Commission estimates for the next six-year EU budget published last week suggested an eye-watering hike in the country’s membership fee.

Change Britain, a pressure group campaigning for a full break, calculated that the £1.1trillion spending plan lined up by the commission for 2021 to 2027 would land the UK with an annual bill of £22.4billion – that’s equivalent to £431.7million per week.

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