Blog: Brexit Divorce Bill Could Soar to £42.5 Billion as Treasury Boosts Estimate – Bloomberg

The UK’s Brexit divorce bill could soar to £42.5 billion after the Treasury increased its estimate of the payments owed to the European Union by more than £5 billion.

Simon Clarke, the Chief Secretary to the Treasury, blamed rising interest rates affecting EU pension obligations for the increasing cost on Thursday.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s