What are the UK's ‘no-deal' financial obligations?

Giving evidence to the Committee at 10am will be:

• Sam Wordsworth QC
• Martin Howe QC.

Questions they are likely to face include:

• In the event of a ‘no deal' Brexit, what is the legal status of the UK's financial obligations to the EU, and the EU's financial obligations to the UK?
• How do the UK's financial obligations to the EU in a ‘no deal' scenario compare to those agreed in the Withdrawal Agreement?
• Could the UK delay the timing of any payments, possibly linking them to the progress of negotiations with the EU on the future relationship?
• If no agreement is reached with the EU, how could the UK's financial obligations be legally enforced?

Giving evidence to the Committee at 11.30am will be:

• Warwick Lightfoot, Head of Economics and Social Policy, Policy Exchange
• Jorge Nunez Ferrer, Associate Senior Research Fellow, Centre for European Policy Studies
• John Springford, Deputy Director, Centre for European Reform.

Questions they are likely to face include:

• If there were to be ‘no deal', what would be the next steps with respect to determining the UK's financial obligations to the EU?
• How would the EU react if the UK decided not to pay a financial settlement in terms of negotiations on a future relationship?
• Could elements of the financial settlement be disaggregated and renegotiated?
• To what extent would the UK be able to participate in specific EU programmes after a ‘no deal' Brexit, such as those in the areas of research, education and culture?
• Does the Government have the necessary structures in place to provide funds that have, up to now, been administered by the EU?

These evidence sessions, which are open to the public, will take place from 10am on Wednesday 4 September 2019 in Committee Room 2 of the House of Lords.