I am hoping some of the money we won't have to pay to EU coffers can be used/shared to ease up on austerity in UK for all of us. I hope Hammond reads this thread!
Hope away!
We've already 'spent' £60 billion of it (roughly 6 year's net EU contributions) on Quantitative Easing when sterling fell after the Brexit vote; then there will be the contribution (around another £60 billion) to pay on exit to cover ongoing commitments we made as members; so there's another 6 year's contributions already accounted for. Then there will be the costs of replicating all the regulatory Agencies of which we were part (and will still need if we wish to continue to trade with the EU). Then the costs of setting up new customs arrangements (haven't even started on that yet) when we leave the Customs Union; then the 'inducements' to vital industries such as the motor manufacturing industry to persuade them to stay in the UK when it would make far more sense for them to move their operations to the EU. Plus a load more..
So, we're not going to see any spare money for Education or the Health Service (which the tories want to privatise, anyway) for many years yet.
'Austerity'is a big con trick, but as you all so firmly believe in it perhaps you'll believe that these Brexit costs will cause it to continue for years to come...
When a political leader lies on their CV - can you trust them?
Good Morning Monday 11th May 2026


