UK PM Johnson says 39 billion divorce bill not due in no-deal Brexit | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
July 18, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JULY 18, 2025
UK PM Johnson says 39 billion divorce bill not due in no-deal Brexit

World+Biz

Reuters
26 August, 2019, 10:00 am
Last modified: 26 August, 2019, 10:17 am

Related News

  • UK ex-PM Johnson says he planned raid on Dutch factory to get COVID vaccines
  • Boris Johnson issues surprise last-ditch UK election rallying cry
  • Former UK PM Johnson denies he wanted to let Covid 'rip'
  • Ex-PM Johnson apologises to families of UK Covid victims
  • Britain delays post-Brexit border checks on EU goods till 2024

UK PM Johnson says 39 billion divorce bill not due in no-deal Brexit

The EU has repeatedly said it will not start negotiating a new trade deal with Britain before the issues of money, the Irish border and citizens rights are settled

Reuters
26 August, 2019, 10:00 am
Last modified: 26 August, 2019, 10:17 am
File Photo: Reuters
File Photo: Reuters

Prime Minister Boris Johnson said on Sunday that if Britain leaves the European Union without a deal, it will no longer legally owe the 39 billion pound ($47.88 billion) divorce bill agreed by his predecessor Theresa May.

Earlier British media reported Johnson would use a meeting with European Council President Donald Tusk on the sidelines of the G7 Summit to set out that Britain would pay less than 10 billion pounds of the settlement if it leaves without a deal.

Sky News said the figure was 9 billion pounds, while the Sunday Times reported British government lawyers had concluded the amount Britain was legally obliged to pay could be as low as 7 billion pounds.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"I think what the entire European Union understands is that if we come out without a deal then...the 39 billion is no longer legally pledged," Johnson told Sky News, when asked if he had told EU leaders this week he planned to withhold the money.

"As I’ve said many, many times we will therefore on November 1 have very substantial sums available from that 39 billion to spend on supporting our farmers...and indeed for investment in all sorts of areas."

In June, a source close to French President Emmanuel Macron said that failing to pay the Brexit bill would amount to a sovereign debt default and on Wednesday an official in his office said that leaving without a deal would not remove Britain's obligation to pay.

"There is no magic world in which the bill no longer exists," the French official said on Wednesday.

The EU has repeatedly said it will not start negotiating a new trade deal with Britain before the issues of money, the Irish border and citizens rights are settled, so it is likely to return to the fore as a precondition for the EU to start trade talks after Brexit if Britain refuses to pay.

Ahead of their meeting on Sunday, Johnson and Tusk traded barbs over who would be to blame should Britain leave without a deal at the end of October.

Top News / Politics

Brexit / no-deal Brexit / Boris Johnson

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Ongoing curfew in Gopalganj on 17 July 2025. Photo: Olid Ebna Shah/TBS
    Curfew in Gopalganj to remain in effect till 6am tomorrow
  • UN High Commissioner for Human Rights Volker Türk signing the MoU establishing an office of OHCHR in Dhaka on 18 July 2025. Photo: Courtesy
    UN rights office to open mission in Bangladesh; MoU signed
  • The formal announcement came during a press conference held today (18 July) at a city hotel in Dhaka. Photo: Jahir Rayhan/TBS
    Starlink top management officially inaugurates service in Bangladesh through kit deliveries

MOST VIEWED

  • Obayed Ullah Al Masud. Sketch: TBS
    Islami Bank chairman resigns
  • GP profit drops 31% in H1
    GP profit drops 31% in H1
  • Illustration: TBS
    Cenbank recognises 10 banks, 2 NBFIs as sustainable financial institutions
  • Rohingya refugees queue for water in a camp near Cox’s Bazar. File Photo: REUTERS/Mohammad Ponir Hossain
    Rohingyas start internal civil society polls in Cox's Bazar to form rights body
  • Around 99% of the cotton used in Bangladesh’s export and domestic garment production is imported. Photo: Collected
    NBR withdraws advance tax on imports of cotton, man-made fibres
  • Illustration: TBS
    FY26 monetary policy: To ease when is the question

Related News

  • UK ex-PM Johnson says he planned raid on Dutch factory to get COVID vaccines
  • Boris Johnson issues surprise last-ditch UK election rallying cry
  • Former UK PM Johnson denies he wanted to let Covid 'rip'
  • Ex-PM Johnson apologises to families of UK Covid victims
  • Britain delays post-Brexit border checks on EU goods till 2024

Features

Illustration: TBS

Curfews, block raids, and internet blackouts: Hasina’s last ditch efforts to cling to power

2h | Panorama
The Mymensingh district administration confirmed that Zamindar Shashikant Acharya Chowdhury built the house near Shashi Lodge for his staff. Photo: Collected

The Mymensingh house might not belong to Satyajit Ray's family, but there’s little to celebrate

3h | Panorama
Illustration: TBS

20 years of war, 7.5m tonnes of bombs, 1.3m dead: How the US razed Vietnam to the ground

22h | The Big Picture
On 17 July 2024, Dhaka University campus became a warzone with police firing tear shells and rubber bullets to control the student movement. File Photo: Rajib Dhar/TBS

17 July 2024: Students oust Chhatra League from campuses, Hasina promises 'justice' after deadly crackdown

1d | Panorama

More Videos from TBS

NCP’s arrival turns Munshiganj vibrant with festivity

NCP’s arrival turns Munshiganj vibrant with festivity

3h | TBS Today
How did Pakistan shoot down India’s fighter jets?

How did Pakistan shoot down India’s fighter jets?

4h | TBS World
Bangladesh's Lower and Middle Classes Under Pressure from High Prices

Bangladesh's Lower and Middle Classes Under Pressure from High Prices

4h | TBS Stories
Air India cockpit recording suggests captain cut fuel to engines

Air India cockpit recording suggests captain cut fuel to engines

5h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net