Reports: UK preparing to increase 'Brexit bill' offer - News Summed Up

Reports: UK preparing to increase 'Brexit bill' offer


The size of the bill, covering commitments Britain has made while an EU member, is a key sticking point in divorce talks. Britain has previously offered about 20 billion euros ($23 billion), but the EU wants at least 60 billion euros ($70 billion). British media said Tuesday that the Cabinet's Brexit committee had agreed to increase the offer to about 40 billion euros ($46 billion). Brexit Secretary David Davis said Tuesday that "the Brexit talks have been tough" but had made good progress. In Germany, talks on a potential coalition between Chancellor Angela Merkel's conservatives and two smaller parties have collapsed, raising the prospect of new elections at a crunch time for Brexit talks.


Source: ABC News November 21, 2017 10:40 UTC



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