Brexit: Financial Settlement Debate
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Lord Watts
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Brexit: Financial Settlement
Lord Watts Excerpts(6 years, 2 months ago)
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Lord Callanan
Yes, that applies to us. It also applies to the European Union.
Lord Watts (Lab)
Could the Minister follow on from the earlier question and give some indication of whether an assessment has been made of how much the liability will be for the UK Government if there is no deal?
Lord Callanan
We are confident that there will be a deal but, as I said, if there is no deal, the financial commitment agreed to in the context of a deal will no longer apply. As I said, we will meet our legal commitments.