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Mr. George Rodgers
asked the Chancellor of the Exchequer in how many years, including the year in which the referendum was held, Great Britain has gained rather than lost when contributions are set against receipts to the Community budget; and what are the appropriate figures of gross contributions, receipts and net contributions from 1973 projected to 1980.
Mr. Robert Sheldon
The United Kingdom was a net beneficiary from the Community budget in 1975. Our gross contribution, receipts and net contribution to the Community budget from 1973 to 1980 are as follows:
£ million | ||||
Gross contribution | Receipts | Net contribution | ||
1973 | … | 181 | 77 | 104 |
1974 | … | 179 | 148 | 31 |
1975 | … | 342 | 396 | -54 |
1976 | … | 470 | 305 | 165 |
1977 | … | 525 | 315 | 210 |
1978 | … | 585 | 330 | 255 |
1979 | … | 655 | 330 | 325 |
1980 | … | 685 | 360 | 325 |