LONDON (Reuters) - A newspaper report that British Prime Minister Theresa May is preparing to offer up to 20 billion pounds ($26 billion) more to the European Union as part of Brexit divorce bill is speculation, her spokesman said on Thursday.
The EU has told Britain to spell out what it will pay when it leaves the bloc in 2019 or it may miss a deadline next month to move the talks to a discussion of future trade ties, which businesses say is vital for them to make investment decisions.
"We want to make progress as quickly as possible and we want to move onto talks about the future relationship as quickly as possible," the spokesman said. Of the 20 billion pounds report he added: "I would say it is yet more speculation."
(Reporting By Paul Sandle, writing by Andrew MacAskill, editing by Guy Faulconbridge)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app