EU to demand Brexit bill in the event of no deal

[BlasterBates]

Love reading the comments on these articles. Didn't take the gammons long before they mentioned the war

Brexiteers queueing up to "shout" on LBC.

[meridian]

All of which shows how desperate for cash the EU is.

Didn't the Kray twins used to demand cash for stuff that wasn't necessarily delivered.

If we leave without a Withdrawal Agreement, then there is no transition period. Without a transition period (and without the financial obligations settled) then there is no longer any obligation for the funding to come from the EU central pot back into the UK for CAP payments to farmers, and Rural Development fund payments. This makes up around a third of what the £39b is calculated for.

You could argue that this is a good thing, but that would be a different argument to "not necessarily delivered".

Another chunk of the payment is to pay for the UK's legal obligations towards it's citizens that have been working in the EU - civil servant and MEP pensions. These are ongoing financial commitments that we (the UK) have made to our own citizens. If we do not pay for this then there is a very real possibility of HMG being taken to court for recovery of pensions obligations.

[Whorty]

Brexiteers queueing up to "shout" on LBC.

LBC ... home of the angry black cabbie

[TestMangler]

LBC ... home of the angry black cabbie

RACIST !!

[Whorty]

RACIST !!

[stonehenge]

We've got to pay the £39bn so Farage can get his pension.

[Old Greg]

We've got to pay the £39bn so Farage can get his pension.

Is the 39 billion guaranteed to be denominated in GBP? If so, WGAS. It will be pocket change in a year.

Can anyone clarify?

Also, at what point does the UK become eligible for EU Development Aid?

[TestMangler]

LBC ... home of the angry black cabbie

They'll all get 'sent back' post brexit anyway

[NotAllThere]

It only becomes "due" in the event of an acceptable trade deal being concluded. Do try and keep up. Honestly, no wonder you can't get laid.

At least he has a theoretical knowledge, which is more than you do.

[Mordac]

False

Large payment is due to long term commitment this country made whilst being EU member

Do you mean the budget cycle which ends next year? We have some small commitments beyond that, but nothing like £39b. Most of that was "goodwill" based, and it does depend somewhat on getting some actual "goodwill" in return.