To ask the Secretary of State for Exiting the European Union, what assessment he has made of the financial liabilities the UK would have to accept in the event that the UK leaves the EU without a deal; and if he will make a statement.
9 October 2018
In the unlikely event that we leave the EU without a deal, the financial settlement, as set out in the Withdrawal Agreement, would be open for consideration. As the Prime Minister has clearly stated, we are a country that believes in the rule of law and therefore we would abide by our legal obligations. However, the nature of the financial settlement, as set out in the Withdrawal Agreement, is contingent upon us agreeing the deal as a whole.