Why Is The UK Going To Pay The EU £37 Billion? - The Divorce Bill Explained

The video discusses the UK's financial obligations to the EU as part of Brexit, focusing on the divorce bill. It covers the negotiations, agreements, and the estimated costs involved, highlighting the UK's contributions to the EU budget and other commitments. The payment timeline extends to 2064, with uncertainties remaining due to ongoing negotiations. Legal and political implications are also explored, emphasizing the potential consequences of not paying the divorce bill.

What is the estimated range of the UK's divorce bill according to the UK Government?

• £25 to £30 billion

• £45 to £50 billion

• £35 to £39 billion

• £53 to £57 billion

What percentage of the EU's budget did the UK contribute in 2016?

• 10.5%

• 11.5%

• 13.5%

• 12.5%

Until what year will the UK continue to make payments to the EU as part of the divorce bill?

• 2040

• 2050

• 2064

• 2070

What is the potential consequence if the UK refuses to pay the divorce bill?

• The UK will have to pay a penalty

• The EU will increase the bill amount

• The EU will stop all negotiations

• The UK will leave the EU without any deals

What strategic use does the UK have for the divorce bill in negotiations?

• To delay the Brexit process

• As a bargaining chip

• To increase the UK's financial obligations

• As a means to reduce the EU's demands