The Brexit Blog

The Brexit Blog
News and comment on the Brexit process, as Britain tries to leave the EU.

Thursday 18 May 2017

Brexit Bill Between £5BN and £30BN

A study conducted by the Institute of Chartered Accountants in England and Wales looked at the “main components” of the likely bill for the UK when it leaves the EU in March 2019.

Taking into account rebates owed to the UK, EU spending commitments and other costs it came up with three “next exit charges”:

- a “low scenario” of £5billion,
- a “central scenario” of £15billion and
- a “high scenario” of £30billion.

Well then, plenty of wiggle room there!

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