Michel Barnier, the EU's chief negotiator, is reportedly suggesting (HERE) our bill for brexit will be up to £50 billion in money that we have already committed to and for pension and other residual costs from our membership. This is just one of the myriad items to be settled in the withdrawal agreement and before the trade talks even begin.
Update: Mrs May has rejected the £50 billion figure. He spokesman has said a figure for our liability arising from membership "does not actually exist" (HERE) which I take to mean that even we haven't yet worked out how much leaving the EU will cost.
Update: Mrs May has rejected the £50 billion figure. He spokesman has said a figure for our liability arising from membership "does not actually exist" (HERE) which I take to mean that even we haven't yet worked out how much leaving the EU will cost.
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