Re: Britain paid just £150m a week to Europe
Making the annual contribution to the EU as "small" as £ 7.8 bn. By leaving they would save out that amount. Only to be paying at least that amount in extra paperwork, as boris was forced to admit.
Labour wrong on cost of no-deal - minister
House of Commons
Treasury minister Jesse Norman says Labour's John McDonnell was wrong to say the cost to business of a no-deal Brexit would be £15bn annually in extra red tape.
The actual cost would be £7.5bn, Mr Norman tells MPs.
Referring to the government's latest no-deal preparation documents, he says: "It says, perfectly clearly at the bottom of page nine as I have it printed out, it says that the latest estimate for the annual administrative burden is £7.5bn updated to reflect the 2017 data."
He adds: "I'm in no sense happy about that."