PwC warned leaving would cause a “serious shock” – no kidding, they’re bankrolled by the Commission to the tune of €16 million.
Let's put this in perspective, shall we.
Price Waterhouse Cooper has an annual revenue of
over £3 billion. €16 million over 9 years? That's £1.4m a year, or less than 0.1% of their revenue.
Paying the piper? It's a rounding error for PwC.
LSE say we’re better off Remaining – they certainly are having received €18 million.
I doubt you can find a research institution in the UK that doesn't receive some money from the EU. The EU is, after all, a major investor in research. But let's put this €2 million a year in perspective. The LSE has an
annual income of just under £300m, thus this represents a massive half a percent of their annual income.
The WWF says EU membership “benefits our environment” – it benefits theirs by €46 million.
The WWF had annual revenue of
€654 million in 2013, €9 million a year from the EU represents under 1.5% of their total budget.
Remain have barely named a group supporting them which hasn’t received huge amounts from the Commission. He who pays the piper…
Huge amounts? These organisations have received small amounts of money from the EU compared to their budgets. And in the case of many of these organisations - e.g. PwC - this doesn't represent a gift from the EU but rather payments for services rendered and it's more than likely that they would continue to receive some or all of this money in future as they continue to carry out some small amount of work for the EU.
It shouldn't surprise anyone that many reputable organisations in the UK have received money from the EU at some point because the EU is a major source of funding.