The price, and value, of EU membership
Let’s start by inverting Oscar Wilde and asking, like every cynic would, not the value of the EU but the price of the EU.
So how much does it cost us? The EU costs every single person in Britain 37p per day. What do we get in return?
We get peace. You’d think that was quite valuable.
We get access to a Single Market with 500 million consumers (worth £90 billion to Britain annually).
We get freedom of movement.
Speech to Parliament as Shadow Broadcast Minister:
A generation ago, in 1998, the Labour Government defined the creative industries as comprising any business with the potential to generate,
“wealth and job creation through the generation and exploitation of intellectual property”.