17 Labour MPs including former Cabinet Ministers back Open Europe report
In a letter published in the Guardian, 17 Labour MPs, including former Foreign Secretary and Home Secretary Jack Straw, and former Defence Secretary Bob Ainsworth, have backed the conclusion of Open Europe's report, "Off target: the case for bringing regional policy back home", which found that if regional spending was to be devolved back to the EU's richer member states, the UK could save £4.2bn over seven years.
The letter argues that: "it is interesting to note that Gordon Brown – while he was Chancellor of the Exchequer – argued strongly for the repatriation of EU structural funds [from richer member states]...The [Coalition] seems to have abandoned any attempt to change EU structural funding to concentrate on trying to freeze the EU budget – a strategy which has already failed. Perhaps this government could take a look at what was being argued for a few years ago – it could benefit us all."
Read Open Europe's report in full here.
To read the press release, click here.