New Vote Leave research has revealed that EU procurement rules cost UK taxpayers £8.4 billion between 2010 and 2014. These onerous regulations make it more expensive for public authorities to build vital services such as schools and hospitals. They also cause huge delays to projects, amounting to 5,422 years in 2014 alone.
When you reflect on what this money could have bought it brings home the huge cost of our EU membership. £8.4 billion could have funded 25 new hospitals here in the UK or paid for England’s flood defences three times over. The annual cost is five times what we spend on the NHS Cancer Drugs Fund and could have paid for 273,000 basic state pensions.
If we Vote Leave on 23 June we can eliminate these costly rules which delay construction projects and save billions across Government departments. If we combine this with the £350 million we send to Brussels every week, we would have a lot more money to spend on our own priorities such as the NHS.