Nobody seems to know what is going on
Nobody seems to know what is going on

What is going on?

Conflicting reports have emerged today as to whether Britain will actually end up paying the £1.7bn bill the European Union is demanding.

David Cameron has remained adamant throughout that he would not be paying the budget surcharge since it emerged last month that a deadline of 1st December had been put in place.

Amid strong pressure from Tory backbenchers, George Osborne claimed today that he had managed to agree a deal in Brussels for Britain to pay two interest-free sums that would amount to only half (£850m) of the total fee for late next year.

Instead of footing the bill, we have halved the bill, we have delayed the bill, we will pay no interest on the bill.

  • George Osborne
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