We’ll be paying the divorce bill until 2064—but most of the bill will be paid off by 2021, according to estimates from the financial watchdog, the Office for Budget Responsibility. The latest estimate for the divorce bill is £39 billion.
All our payments from 2029 onwards will be for meeting the cost of pensions.
This article is part of our Ask Full Fact series on Brexit, answering your questions about Brexit and the latest negotiations between the UK and the EU.
With Brexit fast approaching, reliable information is crucial.
If you’re here, you probably care about honesty. You’d like to see our politicians get their facts straight, back up what they say with evidence, and correct their mistakes. You know that reliable information matters.
There isn’t long to go until our scheduled departure from the EU and the House of Commons is divided. We need someone exactly like you to help us call out those who mislead the public—whatever their office, party, or stance on Brexit.
Will you take a stand for honesty in politics?