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Ex-chancellor calls for EU exit

Lord Lawson has called for the UK to leave the European Union. Writing in The Times he described the EU as a "bureaucratic monstrosity" and said the "case for the exit is clear."

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Gains of leaving EU 'would substantially outweigh costs'

Former Chancellor Lord Lawson has said he believes the gains of leaving the European Union would "substantially outweigh the costs." Writing in The Times, he said:

In my judgement the economic gains would substantially outweigh the costs. The only gain that can be clearly quantified is that we would no longer pay our annual membership fee of some £8 billion. [...]

But there are other, more important gains than this. It is widely recognised throughout Europe that, safely removed from effective democratic accountability, the EU has become a bureaucratic monstrosity. This imposes substantial economic costs on all member states.

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Ex-chancellor calls for EU exit

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