UK's staggering Brexit bill is revealed - and there's still billions more to pay the EU
The Independent|October 20, 2024
Sir Keir Starmer has come under pressure to publish the true costs of Brexit after a minister confirmed Britain has spent £24bn alone withdrawing from the EU – with a further £6.4bn still to pay.
ARCHIE MITCHELL
UK's staggering Brexit bill is revealed - and there's still billions more to pay the EU

The prime minister has been urged to order an inquiry into Britain’s relationship with the bloc to assess the damage of Brexit and identify opportunities for closer cooperation in future.

As Sir Keir embarks on a much-hyped “reset” of relations with Brussels, Treasury minister Tulip Siddiq confirmed Britain has paid the EU £23.8bn as part of its “financial settlement” agreement. On top of the money already spent, Ms Siddiq confirmed in response to a parliamentary question that Britain will pay another estimated £6.4bn to the bloc to settle the UK’s pre-existing financial obligations.

The staggering figures have come to light as the chancellor tries to raise funds to plug a £22bn “black hole” in Britain’s finances, warning ministers earlier this week that there would be “difficult decisions on spending, welfare and tax” to come.

Campaigners reacted with fury after The Independent revealed the sum, calling for Sir Keir to reverse the damage done by Brexit by pursuing closer ties with Europe.

This story is from the October 20, 2024 edition of The Independent.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the October 20, 2024 edition of The Independent.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE INDEPENDENTView All
STOLEN MOMENTS
The Independent

STOLEN MOMENTS

The antics of the gentleman thief in EW Hornung's 'Raffles' bring Anthony Quinn as much joy as when he was a child.

time-read
2 mins  |
January 04, 2025
Can Glaser give Hollywood the roasting it deserves?
The Independent

Can Glaser give Hollywood the roasting it deserves?

The stand-up comedian's close-to-the-bone comedy makes Nikki Glaser the ideal choice to host tomorrow's Golden Globes. Move over, Ricky Gervais, writes Kevin E G Perry

time-read
6 mins  |
January 04, 2025
'I'd just turned 18... I don't think I was remotely sexy'
The Independent

'I'd just turned 18... I don't think I was remotely sexy'

Little Mix's Jade Thirlwall is newly solo with a debut electropop hit to her name. She talks to Annabel Nugent about the downside of fame and how she's never feared 'clapping back'

time-read
10 mins  |
January 04, 2025
The disruptor: why Musk is a risk to German democracy
The Independent

The disruptor: why Musk is a risk to German democracy

The tech billionaire's move to support the AfD is proof he is determined to unsettle a nation that knows all too well what far-right dictatorship can bring, writes John Kampfner

time-read
4 mins  |
January 04, 2025
Slot turns transfer saga into surprise Liverpool benefit
The Independent

Slot turns transfer saga into surprise Liverpool benefit

Arne Slot has claimed that the saga about Trent AlexanderArnold's future is helpful to him as it prevents his Liverpool players from being overloaded with praise that could make them complacent.

time-read
3 mins  |
January 04, 2025
United 'are starving for leaders', admits Amorim
The Independent

United 'are starving for leaders', admits Amorim

When Ruben Amorim got to convey good news, it still came with a demand.

time-read
3 mins  |
January 04, 2025
Still a teenager but there are few weaknesses in his game
The Independent

Still a teenager but there are few weaknesses in his game

Whether he beat or lost to Michael van Gerwen on the Alexandra Palace stage on Friday night, Luke Littler was al going to leave his second World Darts Championship as a winner.

time-read
3 mins  |
January 04, 2025
Littler makes history after winning world title aged 17
The Independent

Littler makes history after winning world title aged 17

Darts has a new world champion, and he's a 17-year-old boy from Warrington.

time-read
4 mins  |
January 04, 2025
The hot UK industry that could be facing a wipeout
The Independent

The hot UK industry that could be facing a wipeout

Don't tell Liam and Noel, but the biggest entertainment event of 2025 won't be their reunion, it'll be the launch of Grand Theft Auto VI.

time-read
3 mins  |
January 04, 2025
Taxes to rise again despite growth, warn economists
The Independent

Taxes to rise again despite growth, warn economists

A group of economists have warned that the Treasury is likely to raise taxes even further this year, despite an expectation that the country will return to growth in 2025.

time-read
2 mins  |
January 04, 2025