EU di­vorce bill could be more

Midweek Sport - - NEWS -

BRI­TAIN’S ‘di­vorce bill’ from the EU could cost bil­lions of pounds more than the Gov­ern­ment has ac­knowl­edged while its promised “Brexit div­i­dend” will take years to ma­te­ri­alise, MPs have warned.

The Com­mons Pub­lic Ac­counts Com­mit­tee said there was a “risk” that the fi­nal set­tle­ment could ex­ceed the Trea­sury’s “nar­row” es­ti­mate of £35bn to £39bn.

It said the of­fi­cial fig­ure failed to take ac­count of at least £10bn in costs which the Gov­ern­ment will have to pay to Brussels as part of the over­all set­tle­ment.

The com­mit­tee warned that the so-called “Brexit div­i­dend” – the money the UK will no longer have to pay once it has left – was “hard to cal­cu­late”.

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