Keir Starmer’s ‘reset’ talks between the UK and EU are continuing. Having agreed in principle to renewing the post-Brexit diplomatic and economic relationship in May, there is now negotiation over the details. Naturally enough, some of these negotiations concern money – and specifically how much the UK will pay to Brussels.

Many EU programmes require funding for complex administration – the processes and institutions agreeing, detailing and enforcing common rules – and set-aside funds to deal with contingencies. Obviously the UK isn’t seeking to rejoin the EU as a whole, so its participation in these programmes will be circumscribed and, accordingly, any financial contribution it makes will be likewise less than that of EU member states overall. Brussels is also demanding Britain contribu

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