Brexit: the financial settlement - in summary
In the financial settlement (the settlement), the UK and EU have set out how they will settle their outstanding financial obligations to each other.
- In the financial settlement (the settlement), the UK and EU have set out how they will settle their outstanding financial obligations to each other.
- The settlement says which financial commitments will be covered, the methodology for calculating the UKs share and the payment schedule.
- Broadly speaking, the settlement can be split into three components:
Not everything in the settlement fits neatly into these three components.
- The Library briefing Brexit: the financial settlement the detail covers the settlement in more depth including topics such as the settlements origins, negotiations and the legal form it takes in the Withdrawal Agreement.