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Brexit ‘Divorce Bill’: What UK Could Have Spent That $47 Billion On

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October 23, 2017

Britain is haggling over how much it should pay to the European Union as its final settlement when it leaves in March 2019. Sputnik looks at the price of “freedom” and what UK taxpayers could have done with that money.

On Friday, October 20, it was reported that Theresa May had agreed in private to cough up 40 million euros ($47 billion), twice what she had originally promised in her Florence speech.

The “divorce bill” has been one of the main sticking points during the Brexit negotiations, but May has reportedly caved in on the price in a bid to move the talks forward and get onto discussions over trade. 

But if a future UK government decided to scrap Brexit what could they spend that £35.7 billion (US$47 billion) on instead?

Build 35 New Hospitals

During the Brexit referendum campaign, the Vote Leave side frequently declared the EU was costing Britain £350 million (US$461 million) a week.

“That’s enough to build a new NHS hospital every week of the year,” they claimed.

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This article was posted: Monday, October 23, 2017 at 6:56 am

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