Thirty-nine billion pound divorce bill agreed by Theresa May not due in no-deal Brexit: British PM Boris Johnson

Boris Johnson said on Sunday that if Britain leaves the European Union without a deal, it will no longer legally owe the 39 billion pound divorce bill agreed by his predecessor Theresa May

Reuters August 26, 2019 14:31:39 IST
Thirty-nine billion pound divorce bill agreed by Theresa May not due in no-deal Brexit: British PM Boris Johnson
  • Boris Johnson said on Sunday that if Britain leaves the European Union without a deal, it will no longer legally owe the 39 billion pound divorce bill agreed by his predecessor Theresa May

  • Sky News said the figure was nine billion pounds, while the Sunday Times reported British government lawyers had concluded the amount Britain was legally obliged to pay could be as low as seven billion pounds

  • The EU has repeatedly said it will not start negotiating a new trade deal with Britain before the issues of money until the Irish border and citizens rights are settled,

Biarritz: Prime Minister Boris Johnson said on Sunday that if Britain leaves the European Union without a deal, it will no longer legally owe the 39 billion pound divorce bill agreed by his predecessor Theresa May.

Thirtynine billion pound divorce bill agreed by Theresa May not due in nodeal Brexit British PM Boris Johnson

File image of Boris Johnson. PTI

Earlier British media reported Johnson would use a meeting with European Council President Donald Tusk on the sidelines of the G7 Summit to set out that Britain would pay less than 10 billion pounds of the settlement if it leaves without a deal.

Sky News said the figure was nine billion pounds, while the Sunday Times reported British government lawyers had concluded the amount Britain was legally obliged to pay could be as low as seven billion pounds.

“I think what the entire European Union understands is that if we come out without a deal then...the 39 billion is no longer legally pledged,” Johnson told Sky News when asked if he had told EU leaders this week he planned to withhold the money.

“As I’ve said many, many times we will therefore on 1 November have very substantial sums available from that 39 billion to spend on supporting our farmers...and indeed for investment in all sorts of areas.”

In June, a source close to French President Emmanuel Macron said that failing to pay the Brexit bill would amount to a sovereign debt default and on Wednesday an official in his office said that leaving without a deal would not remove Britain’s obligation to pay.

“There is no magic world in which the bill no longer exists,” the French official said on Wednesday.

The EU has repeatedly said it will not start negotiating a new trade deal with Britain before the issues of money, the Irish border and citizens rights are settled, so it is likely to return to the fore as a precondition for the EU to start trade talks after Brexit if Britain refuses to pay.

Ahead of their meeting on Sunday, Johnson and Tusk traded barbs over who would be to blame should Britain leave without a deal at the end of October.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Pro-Donald Trump boat parade in Texas sees at least four vessels sink, multiple distress calls, say officials
World

Pro-Donald Trump boat parade in Texas sees at least four vessels sink, multiple distress calls, say officials

The number of boats participating was not immediately clear. An official said there were too many variables to say what exactly occurred

'It's unthinkable': Donald Trump angrily denies report he called fallen US World War I soldiers ‘losers’ and ‘suckers’
World

'It's unthinkable': Donald Trump angrily denies report he called fallen US World War I soldiers ‘losers’ and ‘suckers’

The US president moved quickly to avoid losing support among the military and its allies just two months before an election.

US Presidential Election: Despite small numbers, Indian-Americans can play an outsize role in influencing outcome
World

US Presidential Election: Despite small numbers, Indian-Americans can play an outsize role in influencing outcome

Indian-Americans are among the wealthiest and most educated of all immigrant groups in the US