Downing Street responds to claims UK will pay a £36bn Brexit divorce bill

Downing Street sources have played down reports that the UK is prepared to pay a divorce bill of up to £36bn to try and force progress in stalled Brexit talks.

The figure amounting to some €40bn would be offered in a bid to push discussions on from withdrawal and towards a future trade deal, according to reports.

 

 

Theresa May is expected to give a speech towards the end of the summer fleshing out details of any offer to Brussels, while a series of papers are expected in coming weeks on how the UK proposes to manage a transition.

A Number 10 official told The Independentthat reports the Government was preparing to offer the EU payments of €10bn every year for up to three years after Brexit were “highly speculative and wrong”.

It was claimed on Sunday that the commitment to the ongoing budget payments would then be supplemented with additional money to make up the €40bn figure that UK negotiators hope will break the deadlock in talks.

The Sunday Telegraph quoted a Whitehall source saying: “We know that [the EU’s] position is €60bn, but the actual bottom line is €50bn.

“Ours is closer to €30bn, but the landing zone is €40bn even if the public and politicians are not all there yet.”

Brexit Secretary David Davis and Ms May have both said that the Government would work with Brussels to determine a fair settlement of the UK's “rights and obligations”.

News of the figure will be controversial among some Conservative MPs who believe the UK should not pay as much, or anything at all. Just three weeks ago Foreign Secretary Boris Johnson said EU leaders could “go whistle” if they expected Britain to pay an “exorbitant” divorce bill.

Full Stories

Recent articles

Honor 9X

HONOR 9X with 6.59-inch FHD+ display, 48MP triple rear cameras, 16MP pop-up camera launched in India on Jan 14, 2020.

Oppo F15

Oppo has launched its new F-series smartphone- OPPO F15 in India on 16, Jan 2020.

Samsung is going to unveil three phones in its upcoming flagship Galaxy S20 lineup– the Samsung Galaxy S20, Samsung Galaxy S20+, and Samsung Galaxy S20 Ultra.

Samsung Galaxy S20+

Samsung is all set to launch its new flagship smartphones- Galaxy S20 series at its Galaxy Unpacked event next month.

Pocophone

Xiaomi has filed a trademark for a phone named Pocophone F2. This indicates that the successor of Pocophone F1 is coming soon.

Black Shark

Xiaomi's Black Shark 3 will be the first smartphone arrives with the highest amount of memory- 16GB RAM in the market.

Oppo F15

OPPO is all set to launch the Oppo F15 smartphone in India on January 16th, 2020.

Galaxy XCover Pro

Samsung has silently launched its new Xcover series of rugged smartphones - Samsung Galaxy Xcover Pro in Finland.

Vivo

Vivo is hosting a three-day Christmas Carnival sale starting today and it brings discounts and offers on its range of smartphones.

Mi Sale

Xiaomi has announced the "Year-End Mi Fan Sale 2019", offering a wide range of smartphones and smart accessories at discounted prices.