‘Britain’s Brexit bill could now rise to £40 billion after the Prime Minister agreed to ‘honour’ all financial commitments during a two-year transition period.
The Prime Minister used a crucial speech in Florence to declare that Britain will cover the huge hole left in Brussels’ finances for another two years after we formally leave in 2019 – contributing 20 billion euros.
But Theresa May’s promise to stick to all the UK’s financial commitments as part of the transition deal could send the final Brexit bill soaring to almost £40billion.
These extra liabilities such as science and research projects and Europol would be negotiated separately, according to The Sun.
When asked for a comment, a No 10 spokesman referred queries back to the Prime Minister’s Florence address.’