Speeches

Lord Pearson of Rannoch – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Pearson of Rannoch on 2016-04-11.

To ask Her Majesty’s Government, further to the Written Answer by Lord O’Neill of Gatley on 1 April (HL7086), why the Office for National Statistics Pink Book cannot be used to establish the UK’s gross and net contributions to the EU; what Government sources provide a more accurate picture, and why.

Lord O’Neill of Gatley

Data published in the Office for National Statistics Pink Book represent only those transactions that are administered by official bodies, in accordance with the European System of Accounts 2010 for the purposes of producing statistics on the UK’s balance of payments. These do not include all receipts from the EU. Table 3B, page 16, of European Union Finances 2015 (CM 9167) provides complete outturn figures, including receipts administered by public sector bodies and those received directly by beneficiaries. The difference between these, and other figures, are explained further in Annex B of the Treasury analysis of the long-run economic impact of EU membership and the alternatives.