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Annual European Union Finances Statement

14 July 2020

Proposing MP
Steve Barclay Con
North East Cambridgeshire
Type
Written Ministerial Statement
Department
Treasury
View on Parliament.uk -->

At a Glance

Issue Summary

The statement covers the EU Budget for 2019 and measures to counter fraud.

Action Requested

This is a routine publication providing details of revenue and expenditure, recent financial management developments, and an updated HM Treasury estimate of the £35-39bn financial settlement valued at £30.2bn as of January 2020 exit date.

Key Facts

  • The statement is the thirty ninth in the series since its inception.
  • Exit from the EU on 31 January 2020 affected some UK and EU payments originally scheduled post-withdrawal.
  • HM Treasury estimates the current value of the financial settlement at £30.2bn, within the Government’s reasonable central range of £35-39bn.
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