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The UK is due to pay €10.9 billion to the European Union this year as part of the Brexit financial settlement, according to figures published today.
The Treasury’s latest estimate put the figure at £42.5 billion – up from £37.3 billion a year ago.
The Treasury’s latest estimate put the figure at £42.5 billion – up from £37.3 billion a year ago.
Sterling's drop at the time of former British Prime Minister Liz Truss's failed budget plans meant the British taxpayer stumped up tens of millions of pounds extra to fund Brexit divorce bill payments to the European Union, paid in euros, new figures show.
Former PM’s disastrous tax-cutting plan piled an extra £91m on the UK’s payments to the bloc, Treasury documents show.
The course of Brexit was set in the hours and days after the 2016 referendum. / It was at 6:22 a.m. on June 24, 2016 — 59 minutes before the official tally was unveiled — that the European Council sent its first “lines to take” to the national governments that make up the EU.