We are paying at least £16bn per year into the CAP (source: Open Europe) and even after deducting the amounts paid to our farmers in subsidies it still means a bill of £8.27bn more in than we get out.
And it should be noted that this is on top of the £20bn plus per year that we pay in ‘membership fees’ to be in the EU in the first place.
It has been calculated that leaving the CAP, which means Brexit – there is no other way – will reduce the average food bill for a family by about £1,000 per year (£20 per week).
Read more: http://www.yorkshirepost.co.uk/news/yp-letters-food-prices-will-come-down-if-britain-leaves-the-eu-1-7807888#ixzz43V9623dnI do have one problem with Mr Singh's logic in what was an excellent piece of writing. The word on falls in food prices ought to have been 'should reduce'. Can you see the supermarkets passing on these savings to customers without a big fight?