Lord Lawson: Britain must leave the EU

The former Chancellor of the Exchequer says it's time for the UK to quit the European Union.

by Elizabeth Anderson

Lord Lawson, the most senior Tory figure so far to call for Britain to leave the EU, says there is now a ‘clear case’ for withdrawal, insisting the economic gains will ‘substantially outweigh the costs.’

Writing in The Times, Lord Lawson said: ‘The only gain that can be clearly quantified is that we would no longer pay our annual membership fee of some £8 billion….That is the size of our annual net contribution to the EU budget, even after the benefit of the Thatcher rebate.’

Lord Lawson, Margaret Thatcher’s longest serving Chancellor, also said that Britain would be better off outside a 27-nation bloc that has become a ‘bureaucratic monstrosity.’

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