Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-18-Speech-2-076"
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"en.20081118.4.2-076"2
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"The common agricultural policy forces British consumers to buy food at inflated prices from continental farmers rather than at lower prices available on the world market. It is estimated that the CAP causes prices to be at least 23% higher than those prevailing on the world market.
It is also estimated by economists that the cost of the CAP to UK consumers equates to at least 1.2% of GDP - which is currently an astonishing £16.8 billion per annum.
I represent many people in London who struggle to pay their bills. They face ever-rising taxes and ever-rising prices. They do not owe continental farmers a living. If countries want to subsidise their agricultural industries that is their own business, but it should be paid for by their own tax-payers.
The common agricultural policy is paid for by those least able to afford it: pensioners and those on low incomes, those who pay a higher proportion of their disposable income on food. The CAP is just one of the many reasons why Britain should leave the European Union."@en1
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