Brexit

Britain concedes on EU exit bill

Name: Britain concedes on EU exit bill
Uploaded: 2017-07-14T15:49:43.313Z
Duration: 2 min 38 s
Channel: Financial Times
Description: First explicit acknowledgment of liabilities likely to avert Brexit talks clash

Britain has for the first time explicitly acknowledged it has financial obligations to the EU after Brexit, a move that is likely to avert a full-scale clash over the exit bill in talks next week.

July 14, 2017

Produced and edited by Jamie Han, Footage:Reuters/Bloomberg, Photography:PA/FT/AFP

Transcript

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[MUSIC PLAYING]

The article 50 process is now underway. And in accordance with the wishes of the British people, the United Kingdom is leaving the European Union.

[MUSIC PLAYING]

My honourable friend is absolutely [INAUDIBLE].

Thank you, Mr. Speaker. [INAUDIBLE]

[MUSIC PLAYING]

The sums that I have seen that they propose to demand from this country seem to me to be extortionate, and I think to go whistle is an entirely appropriate expression.

I am not hearing any whistling, just the clock ticking.

[MUSIC PLAYING]

For most people, regardless of how they voted in the referendum, their view is the decision has been taken, just deliver it. And that's what this government will do.

[MUSIC PLAYING]