Overall the UK is set to hand Brussels £37.1 billion between 2019 and 2064, with £16.4 billion paid between 2019-2020, reste à liquider (budgetary commitments) accounting for £18.2 billion between 2021 – 2028 and then a further £2.5 billion between 2019 – 2064.
Between 2021-2028, the UK government will pay Brussels over £18 billion, despite no longer being members of the European Union. The £18 billion figure will be in the form of budgetary commitments.
A further £2.5 billion will be paid until 2064. (I will be 67 years old by then and hopefully retired!)
Key passages from OBR on the Brexit Bill. Treasury sources admit payments will last to 2064 but stress they are "small" payments then. Brexiteers may not be happy. pic.twitter.com/XtgBuNk9lm
— Paul Waugh (@paulwaugh) March 13, 2018
Andrew Marr SHUTS DOWN Nicola Sturgeon’s threat to block Brexit bill
Andrew Marr slammed Nicola Sturgeon’s plans to block Brexit.
Mr Marr said:”When the Withdrawal bill goes to Parliament there then has to be a process of legislative approval by the Scottish Parliament, the Welsh Assembly and so forth. What happens if you refuse legislative approval?
“Nothing, really. You can say ‘we don’t approve’ and it still goes through.”
The SNP leader replied: “The legislative consent process is a convention but I think it’s unthinkable that the House of Commons, the UK Government would ignore not just the views of the Scottish Parliament but the Welsh Assembly as well.
“We are trying to plan for our part of what would happen: we have announced this week that we have a continuity bill of our own that we will introduce to the Scottish Parliament.
“But let me be clear that right now I cannot and will not recommend to the Scottish parliament approval of the Withdrawal Bill because is a power grab on the powers of the Scottish Parliament.”
The SNP is determined to keep Scotland in the Single Market and the Customs Union.
“More than 18 months on from the Brexit vote, it beggars belief that the UK Government is not only still unable to say what kind of relationship it wants with the EU, but has also failed to produce any meaningful economic assessment of the different possibilities. Bluntly, the hard Brexiteers have had their chance and failed.
“There is zero credible evidence to suggest leaving the single market will bring any benefit to our economy. Indeed, as our analysis shows, the harder the Brexit the worse will be the outcome.”