Updated: 1:00, 9 Jul 2021
THE EUROPEAN Union has insisted Britain must pay £40.8billion as part of its post-Brexit financial settlement.
The sum is nearly £2billion higher than expected and part of the money needs to be paid within six months.
4
4
Ursula von der Leyen and Boris Johnson met at the G7 summit in Cornwall last monthCredit: AFP
The EU’s consolidated budget report for 2020 said that the money is owed under a series of articles which both sides agreed to as part of the Brexit withdrawal agreement.
The UK Treasure, however, insisted the Brexit divorce settlement remained within its previous central range of £35billion (€40.74billion) to £39billion (€45.40billion), according to the Financial Times.
UK liable to pay EU 47 5 billion euros in post-Brexit settlement -RTÉ News
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
UK liable to pay EU €47 5bn in post-Brexit settlement
rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
UK liable to pay 47 5 billion euros to EU in post-Brexit settlement
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.