EU budget: Small storm in large tea-cup

EU budget: Small storm in large tea-cup

Written by John Springford, 22 November 2012

But,as John Springford from the CER has pointed out, [if the UK's contribution to the EU after 2013 rises by around £500m a year] it's the equivalent of about 0.03% of our GDP - roughly the annual budget of Oxfordshire County Council.

Link to press quote:
http://www.bbc.co.uk/news/business-20445420