INDEPENDENT
Leave-the-EU Alliance

The Patriotic British
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Leave-the-EU ~ The Party Political system has failed us and we are now represented by the cosy relationship of the LibLabEUkipCon with little difference in policies as they make deals with each other and with Lobbyists, for their own venal gain. Theor battle is not how best to serve the Country or it peoples but how best to serve themselves & THE Party. VOTE FOR: an INDEPENDENT candidate working for YOU to Leave-the-EU in Alliance with other Patriots it MUST be better than the Party First self serving status quo. Vote to Leave-the-EU - If you don't have a candidate DO NOT waste a vote on Party Politics write Leave-the-EU on YOU Ballot Paper........
 
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Promoted by Greg L-W. on behalf of the INDEPENDENT Leave-the-EU Alliance, both at Alliance Building, Westcombe, Somerset, BA4 6ER


 

EUrope - Political News - 001

 

EU legislation costing Britain
Mar 29, 2010
More than two-thirds of the cost of British regulation is laid at the EU's door in a new report.
The total domestic and European regulatory burden on the national economy has been £176 billion since 1998, according to an Open Europe analysis of over............... To see the full article - 001A

EU legislation costing Britain

(UKPA) – Mar 29, 2010

More than two-thirds of the cost of British regulation is laid at the EU's door in a new report.

The total domestic and European regulatory burden on the national economy has been £176 billion since 1998, according to an Open Europe analysis of over 2,300 of the Government's own impact assessments.

The amount is roughly the same as the country's budget deficit, and 72% of it - £124 billion - results from EU-generated legislation, claims the report.

This means that EU regulation in the past eleven years has cost every UK household an average of £4,912, the report says.

Open Europe, the independent think-tank campaigning for EU reform, says domestic laws are 2.5 times more cost effective than EU regulations.

And while it acknowledges that the Government and the EU have taken "positive steps" to reduce the red tape burden, "the cost of regulation to the private and public sector keeps on going up every year".

The annual cost of regulation has doubled each year since 2005, when the Government launched its "Better Regulation Agenda", says the report, adding: "This is in no small part due to a failure to stem the flow of new, costly EU regulations."

But the report makes clear that the share of EU regulation is actually falling: While the average share of regulatory cost derived from the EU has been 72% in the last 11 years, it was only 59% last year, compared with 65% in 2008.

Open Europe estimates the "benefit/cost ratio" of EU rules since 1998 at 1.02, meaning that for every £1 of expense on implementing an EU rule, only £1.02 of benefit has been generated.

In contrast, the report says the benefit/cost ratio for domestic law is 2.35, making it far more cost effective to regulate nationally than via the EU. At this rate, EU regulations "come dangerously close to failing an overall cost-benefit analysis", the report warns.

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INDEPENDENT
Leave-the-EU Alliance

The Patriotic British
WORKING for a Free Britain
Reclaim YOUR Future