THERESA May is preparing to slap Brussels with a hefty Brexit bill of its own in response to European Union (EU) demands for an eye watering £85 billion divorce payment.
Mrs May said the bloc owed Britain billions of pounds for its share of the European Investment Bank and other joint projects.
She told the Sunday Telegraph “money paid in the past” by the UK must be taken into account in any final financial settlement thrashed out during the forthcoming Brexit negotiations.
The Prime Minister insisted the UK had financial “rights” that must be respected during discussions about payments as well as “obligations” to the EU as it leaves.
The intervention is a clear rejection of hardline EU countries who have argued that the UK should not get back its proportion of EU assets.
Join our list
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.
More from Austerity
St Paul’s Girls’ School Slammed For Austerity Day Lunch Where Students Ate ‘A Standard State School Dinner’
A leading private girls school is being fiercely criticised for holding an ‘Austerity Day’ lunch, where students ate what some …
The Queen’s household finances were at a “historic low” with just £1 million left in reserve, MPs said on Monday. Her …
The US is slowly withdrawing from the Paris agreement, but the rest of the world’s not having it. Last week, the European …
After another cyclist friend was injured by potholes, Wanksy, an artist from Greater Manchester, England, decided to act. He used …