21 November 2017 - Brexit 'Divorce Bill'
Philip Hammond: UK will make proposals to EU on Brexit ‘divorce bill’
Press Association (The Gibraltar Chronicle, 19/11/2017)
Britain will make proposals to the European Union on the so-called Brexit “divorce bill” in the next three-and-a-half weeks, Chancellor Philip Hammond has indicated.
Mr Hammond has said there is a “very high value” in having a close trade relationship with the EU after Brexit, as the UK faces demands to spell out its offer to Brussels on the financial settlement.
European Council president Donald Tusk has set a deadline of the start of December for Britain to make further movement on the divorce bill and Irish border in order to unlock trade talks.
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£40bn Bill
A crunch meeting of the prime minister’s new Brexit sub-committee, set up to discuss the government’s strategy for critical negotiations, agreed to a calculation of the divorce bill that would result in a larger payment.
But the leading ministers, including key leave campaigners Boris Johnson and Michael Gove, agreed that the government should be prepared to withdraw the divorce bill offer if they were unhappy with the final Brexit deal.
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Agencies
Jon Stone (The Independent, 20/11/2017)
The European Council announced the new location of the European Medicines Agency will be Amsterdam, and the European Banking Authority will move to Paris, after a meeting in Brussels on Monday.
Over a dozen EU member states lobbied vigorously to be the new hosts of the two regulators, which are sought after because of the benefits they bring for local employment, their function as a hub for their industries, and for their prestige.
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Trade
Paul Waugh (The Huffington Post UK, 21/11/2017)
After a two-hour meeting in Downing Street, a special Cabinet committee decided to up the UK’s financial offer towards its “divorce bill” on leaving the bloc in 2019.
But despite speculation that the offer will nearly double from 20bn euros to 38bn euros, no specific figure was discussed as Theresa May chaired the gathering of a top team finely-balanced between former ‘Leavers’ and ‘Remainers’.
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"21 November 2017 - Brexit 'Divorce Bill'", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), novembre 2017. Consulté le 04/11/2024. URL: https://cle.ens-lyon.fr/anglais/key-story/archives-revue-de-presse-2017/21-november-2017-brexit-divorce-bill-