The UK has offered a larger potential “divorce bill” to the EU – which could be worth between 40bn and 55bn euros (£35bn-£49bn), the BBC understands. BBC political editor Laura Kuenssberg said the offer was communicated to Brussels after last week’s crucial cabinet meeting.
There has been no final agreement on a number but the larger offer was given a “broad welcome” by Brussels, she said.No 10 has played down reports agreement has already been reached.
The amount of money the UK will pay as part of Brexit has been one of the main sticking points in the first round of negotiations with the EU.
In September Theresa May suggested the UK was willing to pay about 20bn euros, and the EU has been calling for its offer to be increased.
The UK is hoping to move on to talking about trade but the EU will only do this when it deems “sufficient progress” has been made on three areas – the so-called divorce bill, the rights of EU citizens in the UK after Brexit and the Irish border.