Britain will be handed £50bn exit bill by EU when Theresa May triggers Article 50, chief negotiator for Brussels warns

Britain will be presented with a £50 billion “exit bill” by the European Union as soon as Theresa May triggers Article 50, the chief negotiator for Brussels is warning.
Michel Barnier has told colleagues that the UK must keep paying “tens of billions” annually into the EU budget until 2020.
The bill would include the UK’s share of outstanding pensions liabilities, loan guarantees and spending on UK-based projects.
Read more: Britain will be handed £50bn exit bill by EU when Theresa May triggers Article 50, chief negotiator for Brussels warns