Calculations by leading thinktank Global Britain have highlighted why Britain needs to leave the EU as quickly as possible after the historic Brexit vote on 23 June.
The findings, based on the latest figures from the Office of National Statistics (ONS), reveal that the UK’s net contribution in 2015 was £10.4 billion instead of the £8.5 billion previously claimed by the Government.
They also make a mockery of claims by Remain supporters, including former deputy prime minister Nick Clegg and Labour leadership candidate Owen Smith, that the gross figure before deductions of £350 million a week (£18.2 billion a year) quoted by Vote Leave in the referendum was “a lie”.