Thread: Britain outside the EU
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Old 01-07-2022, 23:42   #4200
1andrew1
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Re: Britain outside the EU
Good deal for EU know who!
Quote:
Britain must pay EU £9.4bn this year as weak pound swells Brexit divorce bill

The bumper bill will still leave the UK with a massive £26.6 billion left to pay under the terms of the withdrawal deal, the Commission says.

It will swell the bloc’s coffers at a time when the UK and other European states are battling rising inflation and a cost of living crisis.

Brussels’s calculation for this year’s payment is almost £3 billion higher than that forecast by the Office for Budget Responsibility.

It had been expected the cost would rise because of the weakening of the pound against the euro, which the settlement is paid in.

The Treasury puts the final tally of the divorce bill at £35 billion to £39 billion, whilst the Commission has priced it slightly higher at £41 billion.

It was agreed in 2019 and covers money that the UK had already pledged to EU schemes as a member, plus the pensions of British officials.
https://www.msn.com/en-gb/money/othe...29031ab0c8d951
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