EU ‘wants €50billion from UK’ as part of Brexit negotiations, according to senior diplomats

‘Europe is set to seek a €50bn (£44bn) divorce bill to break the stalemate as Britain haggles over a deal to leave the European Union, according to senior European diplomats.
This financial settlement is at least twice the amount offered by Theresa May, which is reported to be in the region of £20bn. The UK needed to issue an agreement in-principle in order to start trade talks, EU sources told The Sunday Telegraph.
The Prime Minister’s speech in Florence on Friday stated that Britain “will honour commitments” agreed when it was an EU member.
Ms May did not mention a specific amount that the UK would pay into the EU for the two years after it leaves in March 2019. EU officials are pushing for more detailed information concerning the rights of EU citizens, as well as the monetary deal.’
Read more: EU ‘wants €50billion from UK’ as part of Brexit negotiations, according to senior diplomats