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Writer's pictureP.G.

Britain will be paying the EU £37.1 billion for another 46 years.

Britain will not pay off its Brexit separate settlement until the year 2064 — 46 a long time from presently — agreeing to the most recent financial figures from the Office for Budget Responsibility. The UK government has concurred to pay £37.1 billion to the European Union as portion of its flight from the coalition, in arrange to pay off budgetary commitments it marked up to earlier to the British open voting for Brexit. However, the OBR has uncovered nowadays this whole will be paid off through stunned commitments enduring to the year 2064. The UK will pay £16.4 billion to the EU between the a long time of 2019-2020; £18.2 billion between 2021 and 2028; and £2.5 billion spread out between 2029 and 2064.

Prime Serve Theresa May has more than once demanded that Brexit will cruel Britain taking back control of its laws, borders and cash. "The agreement we reach with the EU must respect the referendum. It was a vote to take control of our borders, laws and money," she said in her most later keynote discourse on Brexit negotiations. However, today's figures recommend that Britain will proceed making budgetary commitments to Brussels decades after ceasing to be a part state.

However, today's figures recommend that Britain will proceed making budgetary commitments to Brussels decades after ceasing to be a part state.


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