Some facts about the European Union

European Union
European Union (Photo credit: Wikipedia)

Over 3.5 million jobs in the UK are reliant on the European Single Market – that’s 1 in 10 jobs in the UK.

Approximately 50% of the UK’s trade is with other member European Union (EU) countries which is worth approximately £450 billion per year. 200,000 UK companies trade with the EU every year with half of that number exporting.

The average UK taxpayer pays £7.92 per week to help pay off the national debt but, gets nothing in return. Meantime the EU costs the average UK taxpayer just 60p per week. In return for this the cost of using a mobile phone in the EU has been reduced, there is free health care while travelling in the EU and millions of people are employed.

European Union
European Union (Photo credit: erjkprunczýk)

Consumers save about £500 every year as the costs of goods are driven down thanks to EU-wide competition and the single market. The UK benefits to the tune of up to £90 billion each year from the single market – this is about £3,300 per household.

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