The Withdrawal Agreement Will Cost £75 Billion, Not £39 Billion

From our special correspondent, Lincoln Swann:

May’s £39bn WA will actually cost double that

May says her Withdrawal Agreement will cost £39bn but that’s a low ball bid, a bit like the “flight cost” from budget airlines.

£39bn gets the UK 21 months in transition & squares away roughly £20bn of EU overdraft and pension liabilities.

Add another £20bn
Within the agreement there is an option to extend transition for another 2 years where we keep making our contributions.…

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