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Brussels and London on Thursday were embroiled in controversy over rising Brexit prices in the UK, with the EU claiming that Britain would be forced to pay € 47.5bn (£ 40.8bn) as part of Brexit.
But Britain Treasure insisted the Brexit divorce should remain between the old $ 35bn- £ 39bn. The updated version is due to be published next week.
Higher costs were first reported in annual EU accounts of 2020, released by the European Commission at the end of last month.
These requirements apply to previous actions in the UK as a member of the EU and during the Brexit transition, which expired at the end of December.
The Brexit divorce agreement was one of the first stages of negotiations between London and Brussels after the 2016 vote to leave the EU – and is one of the most difficult to resolve.
The approach was approved by both parties to a waiver agreement, but any increase in the bill is expected to frustrate Conservative Eurosceptics.
The number of EU accounts, which are paid for in a short period of time, surpasses previous estimates in the UK.
The House of Commons newspaper on the Brexit divorce report said there was “no definite solution” but that the Office for Budget Responsibility, the UK’s chief financial officer, said the total cost in the UK could be $ 34bn.
The House of Commons newspaper, published in December 2020, showed UK spending on the EU budget declining by about $ 9bn a year by 2020 to £ 1bn in 2025 before gradually ending for several years.
In the last agreement, the UK provided funding to the EU as a member until the end of the Brexit transition period on January 1 2021. The UK received funding from EU programs during this period.
Both loans relate to the UK’s contribution to EU spending by the end of December, which will pay off in the coming years. It also highlights Britain’s role in the EU’s co-ordinated role as an employer – for example pensions and health insurance for retirees.
Among the most frustrating was the small section of competition in the UK for cases that were decided late last year.
The EU plans to submit a two-year report to the UK on real money, with payments that follow each month.
Treasure said the EU document was a financial statement rather than a clear indication of what could be paid. An amount of € 47.5bn has already been reported by Irish radio station RTE.
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