Exiting the EU: Costs Debate

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Department: HM Treasury

Exiting the EU: Costs

Philip Hollobone Excerpts
Wednesday 29th November 2017

(6 years, 12 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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We are making continuous progress in our negotiations with the EU. Of course, in any negotiation there has to be give and take from both sides. That is exactly what is happening. However, it would be wrong to expose the details of the negotiations at this stage.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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In any divorce, the assets are divided. Given that in today’s money—in real terms—our net contribution to the EU over the lifetime of our membership amounts to £209 billion, will my right hon. Friend make sure that we get our fair share of the EU’s assets when we leave?

Elizabeth Truss Portrait Elizabeth Truss
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I assure my hon. Friend that that consideration is part of our discussions.