Netizen 24 GBR: Hammond: UK should pay £50bn Brexit bill whatever happens

Hammond: UK should pay £50bn Brexit bill whatever happens Sam Coates, Deputy Political Editor December 6 2017, 5:00pm, The Times The chance...

Hammond: UK should pay £50bn Brexit bill whatever happens

Sam Coates, Deputy Political Editor

The Times

The chancellor said Britain must always honour its obligations
The chancellor said Britain must always honour its obligationsGetty Images

Britain ought to pay the £50 billion exit bill from the European Union even if it does not get a trade deal, Philip Hammond said today.

The chancellor appeared to pick another fight with eurosceptics and faced a reprimand from Downing Street after telling MPs that Britain must always honour its obligations regardless of the progress of Brexit negotiations.

“I find it inconceivable that we would walk away from obligations t hat we recognise as an obligation,” he said.

The chancellor says that it would be important to pay for the sake of the UK’s international credibility. Some experts say walking away without paying would put the UK into formal dispute with its closest trading partners and raise questions about whether Britain pays its debts. However,…

Source: Google News

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Netizen 24 United Kingdom: Netizen 24 GBR: Hammond: UK should pay £50bn Brexit bill whatever happens
Netizen 24 GBR: Hammond: UK should pay £50bn Brexit bill whatever happens
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