§ Mr. Teddy Taylorasked the Chancellor of the Exchequer what has been the total net payment made by the United Kingdom to the EEC since 1 January 1973; if he will express this as a net amount per day of membership; and what estimate he has made of the comparable net daily cost in 1987.
§ Mr. Peter Brooke[pursuant to his reply, 13 January 1986, c. 511.]The latest available figure for the United Kingdom's net contribution to the Community budget is for the period 1 January 1973 to 30 September 1985. It is £6,527 million. This represents an average net payment of £1.40 million a day since accession. These figures do not take into account the United Kingdom's 1,000 mecu (£604 million) abatement paid over the period 31 December 1985 to 6 January 1986.
Projections of our net contribution to the Community budget for future calendar years are not published. Information on our net contribution in the financial year 1987–88 is contained in the public expenditure White Paper published on 15 January.