European Council

Part of the debate – in the House of Commons at 3:43 pm on 17th December 2018.

Alert me about debates like this

Photo of Theresa May Theresa May The Prime Minister, Leader of the Conservative Party 3:43 pm, 17th December 2018

The work on the financial settlement that led to the £34 billion to £39 billion—significantly less than the £100 billion that was being talked about at European Union level at one stage—did of course take into account all the aspects of the contributions that the United Kingdom has made into the European Union over the number of years of our membership. As a result of the tough negotiations that the UK undertook, we have seen a significantly smaller sum of money than the one that the European Union initially thought of.