Question to the HM Treasury:

To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 12 December (HL880), whether they will now answer the question put; namely, how much money the UK pays to the EU annually; for what purpose; and for how long such payments are expected to continue.

The financial settlement under the European Union Withdrawal Agreement Act 2020 (WA) represents the negotiated agreement over the UK’s historical financial commitments to the EU and those of the European Union (EU) to the UK. This financial arrangement is related to the UK’s past obligations as a departing Member State and does not relate to any continuing arrangements.

Details of how much money the UK has paid the EU, its purposes, forecasts of future payments and timings are set out in the annual European Union Finances Statement. The most recent version covers payments made in 2022 and is available in the library of the House and on Gov.uk.

Additionally, departments make payments in areas of continuing cooperation with the EU. These include the Peace+ programme and, from 2024, the Horizon Europe and Copernicus programmes. Details of payments are set out in the relevant departments’ annual accounts.