EU rules have cost Britain 700 mn pounds: Indian-origin MP
Unnecessary regulations from the European Union (EU) have cost British businesses and taxpayers nearly 700 million pounds since 2010, Indian-origin Conservative lawmaker Priti Patel has said.
Britain has passed 422 laws because of the EU since the coalition government came to power, the Daily Express reported.
"These costs are astronomical and another burden on the British taxpayer," Patel said.
The total amount could be even higher than 695 million pounds as costs were not clear for all departments.
The figure also does not cover the full cost of other EU laws that have been passed since Britain signed up in 1973.
The Environment, Food and Rural Affairs department has passed the most regulations since 2010 -- 134 costing 470 million pounds.