The UK joined the ‘EEC’ - the old name for the EU - in 1973. Back then, no-one was told that prices in the shops might rise. In fact they rocketed.
1. In the first 3 years of our membership of the European Economic Community, the Retail Prices Index trebled
2. Our new European friends stopped us from being able to buy cheaper, great quality food from our traditional friends in the Commonwealth. We had to sign up to the Common Agricultural Policy (CAP), set up to support inefficient French and Italian farmers.
3. Today, 42 pence in every pound we send to the EU goes to this Agricultural Policy
, subsidising an industry which accounts for only 1% of our economy. If we leave the EU, we can continue full support for our own highly efficient farmers and it will cost us a lot less.
4. Food prices are just one example of how EU membership affects our cost of living. The VAT (currently 20%) on almost everything we buy was a French invention and is an EU requirement.
Remaining In The EU Is Expensive – Leaving Means Taking Control.
[Sources: 'Annual Abstract of Statistics' 2001 edition. Office for National Statistics.]