Saturday, April 27, 2024 | Shawwal 17, 1445 H
clear sky
weather
OMAN
27°C / 27°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

UK ministers ‘agree in principle to higher Brexit bill’

1172094
1172094
minus
plus

London: Senior British ministers have agreed to offer more money to Brussels in Brexit negotiations, but only as part of a final deal on leaving the EU, a government source said Tuesday.


Leading eurosceptics were among ministers who signed off on the idea at a cabinet sub-committee meeting late Monday in a bid to move the withdrawal negotiations onto trade.


The source said that “no numbers” were discussed, and stressed that the agreement to up the financial offer was dependent on a wider deal on future relations being struck.


A Downing Street source said: “It remains our position that nothing’s agreed until everything’s agreed in negotiations with the EU. The UK and the EU should step forward together.”


Britain wants EU leaders meeting in December to agree that “sufficient progress” has been made on the financial settlement, the issue of Ireland and EU citizens’ rights, to move the talks onto a future EU-UK trade deal.


Prime Minister Theresa May has promised that no European Union member state would have to pay more because of Britain’s exit.


This would suggest Britain will continue its payments under the current budget cycle, for around two years after Brexit in March 2019 —about 20 billion euros ($23.5 billion).


British media reports suggest the government could double this to 40 billion euros — although that would still fall short of EU estimates of around 60 billion euros.


May has to tread carefully, as there is strong opposition from her backbench Conservative MPs to handing over a large sum, even if Brussels says the money is simply Britain’s share of four decades of EU membership.


Former Conservative minister Robert Halfon said the public would go “bananas” if Britain committed huge sums at a time of tightened public spending. Former Brexit minister David Jones, who left May’s cabinet in the summer, confirmed at a conference in London Tuesday that the new financial offer would be linked to moving the talks forward. — AFP


SHARE ARTICLE
arrow up
home icon