Hope emerged of a Brexit breakthrough tonight after Britain and the EU reportedly reached an agreement over the ‘divorce bill’. Sources told the Daily Telegraph an “agreement-in-principle” had been reached over the EU’s demand for a financial settlement. According to the sources, the final amount has still not been agreed, but it could end up between £40bn and £49bn. British government officials moved tonight to try and play down the reports, particularly the figure. If true, a breakthrough would clear a major hurdle stopping Theresa May from moving to trade talks after an EU summit on December 14-15. But such a sum would be more than double what Mrs May originally offered to pay, thought to be around 20billion Euros, and could prompt a Tory backlash. And huge hurdles still remain in respect of citizens’ rights and Northern Ireland before both sides can agree to move onto the second phase of negotiations. One senior source at the Brexit Department told the Mirror the Telegraph’s story was “wrong”, but did not specify which part. A second senior source stressed they “don’t recognise there is an agreement on financial settlement or the figure.” However, neither source appeared to explicitly deny whether there… Read full this story
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