EU Budgetary Rebate

Part of Oral Answers to Questions — Treasury – in the House of Commons at 2:30 pm on 16 November 2010.

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Photo of Justine Greening Justine Greening The Economic Secretary to the Treasury 2:30, 16 November 2010

The latest forecast of the UK contribution to the EU budget shows that the UK abatement will decline from £5.6 billion in financial year 2008-09 to £2.8 billion in financial year 2010-11. The Office for Budget Responsibility will publish new projections of the UK contribution to the EU budget, including the abatement, in its autumn forecast.