Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 7 September 2026 to Question 20813, what assessment his Department has made of the potential impact of the UK/EU reset and new financial obligations to the EU on changes to the profile of payments to and from the EU.

As announced on 17 December 2025, the UK has agreed to join the Erasmus+ programme in 2027 at a 30% discount compared to the default terms of the Trade and Cooperation Agreement (TCA). This will require a payment of c. £570m. The UK’s existing financial obligations to the EU under the Withdrawal Agreement and the TCA are unchanged. The Government will continue to assess the financial implications of any further commitments as the relevant arrangements are negotiated and implemented.