Staggering cost of Britain’s Brexit divorce revealed – and there’s billions more to pay EU
Sir Keir Starmer has come under pressure to publish the true costs of Brexit after a minister confirmed Britain has spent £24bn alone withdrawing from the EU – with a further £6.4bn still to pay.
The prime minister has been urged to order an inquiry into Britain’s relationship with the bloc to assess the damage of Brexit and identify opportunities for closer cooperation in future.
As Sir Keir embarks on a much-hyped “reset” of relations with Brussels, Treasury minister Tulip Siddiq confirmed Britain has paid the EU £23.8bn as part of its “financial settlement” agreement.
On top of the money already spent, Ms Siddiq confirmed in response to a parliamentary question that Britain will pay another estimated £6.4bn to the bloc to settle the UK’s pre-existing financial obligations.
The staggering figure has come to light as the chancellor tries to raise funds to plug a £22bn “black hole” in Britain’s finances, warning ministers earlier this week that there would be “difficult decisions on spending, welfare and tax” to come.