BREXIT PAYOUT
UK decides bottom line for leaving EU
The EU has floated a figure of €60bn and wants significant progress on settling Britain’s liabilities before talks start
London — Britain is prepared to pay up to €40bn as part of a deal to leave the EU, the Sunday Telegraph newspaper reported, citing three unnamed sources familiar with UK negotiating strategy. The EU has floated a figure of €60bn and wants significant progress on settling Britain’s liabilities before talks start on issues such as future trading arrangements. The government department responsible for Brexit talks declined to comment on the article. So far, Britain has given no official indication of how much it would be willing to pay. The newspaper said British officials were likely to offer to pay €10bn a year for three years after leaving the EU in March 2019, then finalise the total alongside detailed trade talks. Payments would only be made as part of a deal that included a trade agreement, the newspaper added. "We know [the EU’s] position is €60bn, but the actual bottom line is €50bn. Ours is closer to €30bn but the actual landing zone is €40bn, even if the public and politician...
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