Britain will be paying the EU until 2064

pulse

March 13, 2018 2:56 PM

Britain will continue to give money to the EU for another 46 years, the Office for Budget Responsibility said on Tuesday.

LONDON — Britain will not pay off its Brexit divorce settlement until the year 2064 — 46 years from now — according to the

They do not account for future payments Britain may make in exchange for access to the single market or participation in European agencies.

Prime Minister May said in her Mansion House speech on Brexit that she is prepared to pay the EU in return for membership of agencies covering areas like medicine, chemicals and aviation.

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