WEB DESK

Britain is open to paying up to 40 billion euros (47.1 billion US Dollars) towards a so-called Brexit divorce bill to the European Union as long as a future UK-EU trade deal can be secured. A newspaper quoting three separate sources within the UK civil service and government with knowledge of the UK’s Brexit negotiating strategy have confirmed the figure, dismissing previous reports that British Prime Minister Theresa May would agree to a 50-billion-pound bill as too high.

According to the report published in ‘The Sunday Telegraph’, the UK government negotiators for Britain’s exit from the European Union have been able to ascertain that the 27-member EU’s actual opening position is around 60 billion euros – not 100 billion euros as previously suggested.

Britain voted with 52 per cent in favour of leaving the European Union in a referendum last year.