Theresa May was reported on Sunday to be willing to pay that amount as the price for getting on with trade talks and an exit deal. Failure to reach Brexit deal ‘suicide’ for UK, says former EU chief Read moreThe sum would be a compromise, because Brussels has demanded about €60bn. Michel Barnier, the EU’s chief Brexit negotiator, told diplomats last month that the next step may be pushed back to December because Britain is stalling on the bill. “So if there was going to be any transfer of money, then it should be from the EU to the UK. The EU’s stance is that trade talks cannot begin until significant progress has been made on the financial settlement, citizens’ rights and Northern Ireland.

Source: The Guardian August 06, 2017 16:19 UTC