Rejoining EU would cost Britain £750m a week, Brexit campaign group warns

Stay Out, a new Brexit campaign group led by Oliver Lewis and backed by Lord Michael Gove, says rejoining the EU could cost Britain £39.3 billion a year. The warning comes as Andy Burnham argues that a closer UK-EU deal could benefit both sides, renewing debate about Britain’s relationship with the bloc.

The group says its estimate amounts to £750 million a week, more than twice the UK’s gross contribution in 2016, before Brexit. It cites a European Commission forecast that members’ contributions will rise from about 0.9 per cent of gross national income in 2019 to 1.26 per cent in 2028, and says proposed additional charges could push the weekly figure to £803 million. Gove also warns that rejoining would involve greater EU influence over laws, borders, money and trade.