UK to pay €10.9 billion Brexit bill to EU this year

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Ireland Headlines News

The UK is due to pay €10.9 billion to the European Union this year as part of the Brexit financial settlement, according to figures published today

Under the Withdrawal Agreement the UK was handed a departure bill of €49.2 billion, which was reduced to €47.5 billion because of London's share of fines paid into the EU’s coffers worth €1.8 billion, as well as other adjustments.

The current balance is €41.8 billion, made up of the UK’s share of €28.6 billion in budgetary commitments which the UK entered into as a member state, as well as liabilities relating to the EU pension and joint sickness schemes worth €14.7 billion. The balance is then adjusted to €41.8 billion due to the UK’s receipt of €1.5 billion in fines to the EU.The figures are contained in the European Commission’s Consolidated Annual Accounts of the European Union, completed on 28 June but published on the Commission’s website today.

The accounts are due to be signed off by the European Court of Auditors in the coming weeks, but officials say the figures are unlikely to change. Tony Murphy, Irish member of the ECA with responsibility for auditing the EU annual accounts stated:"We found that the financial obligations on the UK arising from Withdrawal Agreement have been paid in full and in line with the terms set out in the agreement up to the year ending 31 December 2021."

 

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Muinchille Didn't UK say 'they could go whistle'? (Not particularly polite at that)

LiamSco79664081 Apparently the UK will be paying until the 2060's

LiamSco79664081 And.... Brexit

LoudenAnn Yiv nae chance under that shower!.

But they just chucked it away on stuff we didn’t need & mates covidfraud contracts. I bet their own accounts look brilliant. But not the public purse.

Muinchille Didn't Johnson say the 'could go whistle'? He may run out of breath whistling, one day

Ah yet another occasion of breaking International law on the horizon then. How can anyone trust this human sewage?

msm_monitor Don’t expect payment 🙄

BBCNews Not Newsworthy?

Are they getting that money from Scotland that voted adamantly to remain?

Sunlit uplands and all the cards😂. Sammy Wilson- they need us more than we need them. 😂

msm_monitor But, hey, thank god we got back that £35 million to spend on the NHS, huh?

tconnellyRTE KwasiKwarteng Perhaps the EU could refund us for the funds we put in for the EU HQ, Embassies worldwide and other infrastructure that we contributed to.

Hopefully they don't pay it, excellent excuse to cut them off completely and deport their scum living in the EU

Ok, but can they also still see us at weekends?

Ireland deserves at least 2 billion.

Let’s watch as the fail to pay it🤔

melissapudding How much!!!! 😡

tconnellyRTE Wait until the cheque clears

tconnellyRTE So 3bn more than our net EU membership

All going well there then. Shower a fucks!

tconnellyRTE Well considering they seem to think they can spaf 37bn up the wall on trackntrace and loose 11bn ‘somewhere’ coming up with another 10bn should be no bother, unless of course they decide to get petty about ‘cos it Europe init.

tconnellyRTE A fraction of track and trace

tconnellyRTE Best of luck with that.

tconnellyRTE Another Brexit Benefit

This is what 'holding all the cards' looks like apparently BrexitReality

Luckily it's the sort of money the government has lying around unless they decide it's something they will patriotically and selectively ignore.

shufflepaw That must have been written on the other side of the bus

Peculiar to see a country and a government so happy to impose sanctions on itself and tell its citizens it's a good deal. BorisJohnson Conservatives

Now watch the UK not pay its dues. It’s what they do. Untrustworthy bastards.

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