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Merkel ally: 'The UK won't save any money'

The vice chairman of Angela Merkel's CDU party, Michael Fuchs, has said that staying in the single market 'wouldn't be for free'.

He told Today's Sarah Montague that there "won't be any savings" for the UK, but conceded we would 'probably have more control' over immigration.

(Photo: Map of northern Europe Credit: EPA)

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2 minutes