HC Deb 27 January 1981 vol 997 c358W
Mr. Teddy Taylor

asked the Chancellor of the Exchequer what have been the total payments to and receipts from the EEC since the United Kingdom became a member of the EEC, and if he will express the difference as a ratio.

Mr. Lawson

[pursuant to his reply, 26 January 1981]: Gross payments made by the United Kingdom to the EEC from 1 January 1973 to 31 December 1979 amounted to £4,858 million. Receipts from the EEC in the same period amounted to £2,494 million. The difference expressed as a ratio is 1.95: 1.