News
UK could hold back EU payments without Brexit deal – UK’s Raab
30 Aug 2018

Britain could choose to withhold some payments to the European Union if a deal to ease its exit from the bloc is not reached before it leaves in March, Brexit minister Dominic Raab told legislators on Wednesday.

As part of a Brexit transition deal, Britain has agreed to pay the EU between 35 and 39 billion euros ($41-$46 billion) over the coming decades.

But Raab told members of Britain’s upper house of parliament that not all of this was a legal obligation, and payment could be delayed without a deal.

– By Kylie MacLellan and David Milliken, Reuters, 29 August 2018.

Link to Reuters.

Advance your CPD minutes for this content, by signing up and using the CPD Wallet

FREE CPD Wallet

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.