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More or Less

The Referendum by Numbers: The Cost of EU Membership

More or Less

BBC

News Commentary, Science, Mathematics, News

4.63.7K Ratings

🗓️ 13 June 2016

⏱️ 11 minutes

🧾️ Download transcript

Summary

If the EU referendum debate just involves two politicians shouting contradictory statistics at each other - then we are here to help. In this series, we're giving you a break from the politicians and we're going to try to figure out the truth. Bracing concept, isn't it? We'll be looking at some of the big questions - immigration, lawmaking, regulations and trade. But in this first program, Tim Harford tackles two very basic questions: how much would we save if we left the EU? And what would we lose if we did?

Transcript

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0:00.0

Hello and welcome to a special EU referendum series of more or less.

0:10.0

We are as always your guide to the numbers that surround us in the news.

0:14.6

And we couldn't help noticing that a lot of the referendum coverage

0:18.3

involves two politicians shouting contradictory statistics at each other.

0:23.0

Entertaining, if you like that sort of thing,

0:28.0

but not exactly helpful if you're hoping to make this vital decision

0:32.0

with the relevant facts in front of you.

0:35.0

So in this series we're not going to be talking to the politicians at all.

0:43.0

We're just going to try to figure out the truth.

0:46.0

Bracing concept, isn't it?

0:48.0

We'll be looking at some of the big questions.

0:50.0

Immigration, lawmaking, regulations and trade.

0:55.0

But in this first program, two very basic questions,

0:59.0

how much would we save if we left the EU? and what would it cost us if we did?

1:06.2

The first question is more straightforward.

1:08.8

We don't need to make any forecasts.

1:10.6

We can just look at the numbers from recent history and figure out what the membership

1:15.0

fee of the EU actually is.

1:18.0

Now the Leave campaign is very clear on this point.

1:21.0

The EU membership fee is 350 million pounds a week and if we

1:26.4

left that's money we'd be able to spend as we wished. Here's Giesler

1:31.0

Stewart the chair of the Leave campaign.

...

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