LORDS

Inquiry launched into Brexit and the EU budget

13 December 2016

The EU Financial Affairs Sub-Committee is investigating the implications of Brexit for the UK‘s contributions to and receipts from the EU budget.

Focus of the inquiry

The EU Financial Affairs Sub-Committee is investigating the implications of Brexit for the UK’s contributions to and receipts from the EU budget. It will consider the status of the UK’s position in respect of the 2014–20 Multiannual Financial Framework should Brexit happen before it expires as well as on-going liabilities resulting from commitments agreed to under annual budgets. It will also consider EU programmes where the UK may wish to contribute following Brexit and the implications of seeking a deal in which the UK continues to contribute in exchange for access to the single market.

Timeline

The Committee will be taking oral evidence in December 2016 and January 2017.

Further information

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