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Brexit Funding Gap To Be Closed By British Taxpayers Paying £4.5 Billion A Year

Asked how much he expected the move to cost, Hammond said: “Well, it will depend on when we leave the EU and it will depend on the level of applications for these structural and investment funds and for the research funds Horizon, but around probably, around about £4.5 billion a year would be the level we would expect.”

Article source: http://www.huffingtonpost.co.uk/2016/08/13/brexit-funding-gap-to-be-closed-by-british-taxpayer-paying-45-billion-a-year_n_11494000.html?utm_hp_ref=uk-politics&ir=UK+Politics