Extra £3bn budget payout and $2.9bn overseas aid fund will raise May’s estimate says NAO

The cost of the Brexit divorce bill for the UK could be billions higher than the £35bn-£39bn figure put forward by Theresa May, a report by Whitehall’s spending watchdog suggested.

The National Audit Office (NAO) has warned that the UK could pay an extra £3bn more in budget contributions as well as an additional £2.9bn to the European Development Fund.

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Read More Brexit divorce bill will surpass £39bn, warns Whitehall watchdog

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