Downing Street denies Brexit divorce bill of €40bn — “This thing has started very badly” — The UK side had been “a bit absent”

Peace and Freedom

Source dismisses report as inaccurate speculation and says such a high bill would be unacceptable to government and public

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  Hardline Brexit supporters including Jacob Rees-Mogg and Nigel Farage said the reported figure was ridiculous. Photograph: Stefan Rousseau/PA

Downing Street has dismissed the idea of paying a Brexit divorce bill of up to €40bn (£36bn), as leading supporters of leaving the EU said they would not accept handing over such a large sum.

Theresa May was reported to be willing to pay that amount as the price for getting on with trade talks and an exit deal.

The sum would be a compromise, because Brussels has demanded about €60bn. The €40bn figure would still be the equivalent of several years of contributions to the EU budget…

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