EU Budget

Treasury written question – answered on 28th November 2018.

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Photo of Matthew Offord Matthew Offord Conservative, Hendon

To ask the Chancellor of the Exchequer, what steps he plans to take to ensure that the European Court of Auditors declare EU accounts to be fair and accurate before the Treasury pays the bill for the UK to leave the EU.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The Government has negotiated arrangements to provide assurance on payments made under the financial settlement. This includes the right to appoint auditors working on the Government’s behalf to assure the implementation of the financial settlement. On the UK’s request, the EU will provide these auditors with information and assistance to allow them to accomplish their task. The use of auditors will play an important role in ensuring the UK only pays what it should under the terms of the agreement.

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