The EU Court of Auditors (ECA) has for yet another year severely criticised the 'legality and regularity' of the EU’s accounts. The ECA's latest report into the EU's 2007 spending marks the 14th year in a row that auditors have revealed major failures in how the EU manages the huge sums of public money for which it is currently responsible.
If this was true of a local council all the councillors would be expelled from office and surcharged Every year Britain suffers a loss of £10.2bn of public money into the EU’s bottomless pit. After grants we receive back are taken into account, the total is £6bn a year – or £115 million every single week.
In effect, that is money otherwise we could have spent on British schools, hospitals, fighting crime or poverty.
Once again the ECA’s report has revealed that huge amounts of EU money are unaccounted for.
It's time there was a serious national debate about whether we should continue handing over these billions to the EU when they can not be honestly accounted for.
Councillor Steve Radford, President of The Liberal Party, Liverpool
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