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News · 4 May 2026

Britain could pay £1bn yearly for EU access

Britain could pay £1bn yearly for EU access

Photo by Shola Pixel on Pexels

British taxpayers may have to contribute around £1 billion annually to European budgets if the UK seeks closer economic integration with the bloc. Brussels has told Sir Keir Starmer this yearly fee is a condition for gaining further access to the EU's single market, a first since Brexit. European negotiators expect the Prime Minister to agree to this financial contribution in principle at a summit later this summer.

Reported by The Sunday Times · How we write briefs

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