THERESA May is preparing to slap Brussels with a hefty Brexit bill of its own in response to European Union (EU) demands for an eye watering £85 billion divorce payment.
Mrs May said the bloc owed Britain billions of pounds for its share of the European Investment Bank and other joint projects.
She told the Sunday Telegraph “money paid in the past” by the UK must be taken into account in any final financial settlement thrashed out during the forthcoming Brexit negotiations.
The Prime Minister insisted the UK had financial “rights” that must be respected during discussions about payments as well as “obligations” to the EU as it leaves.
The intervention is a clear rejection of hardline EU countries who have argued that the UK should not get back its proportion of EU assets.
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