EU Budget: Contributions

(asked on 21st May 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government how much they expect to contribute to the European Union under the trade agreement reached on 19 May.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 4th June 2025

There will be implementation costs associated with the UK-EU reset agreement, which will be confirmed in due course once we have negotiated the details of the agreement. This will include proportionate contributions in specific and limited areas, such as where access to specific IT systems will help to remove trade barriers for UK firms or manage biosecurity risks. The UK will also negotiate fair financial contributions to the Erasmus+ programme which will reflect the benefits of participation. We will not be making general contributions to the EU budget.

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