EU Budget

(asked on 22nd March 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if his Department will make an estimate of the potential costs of the UK's contributions to the EU budget in the event that the UK remains in the EU for a period of two years.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 28th March 2019

The Government will bring forward proposals for a third meaningful vote as soon as possible and, if it is passed, an extension to 22 May will provide the time to pass the necessary legislation. If Parliament does not agree a deal this week, the EU has agreed to extend Article 50 until 12 April.

If Article 50 were to be extended for two years, as an EU Member State we would continue to have rights and obligations until exit.

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