Britain will cover cost of billions in EU subsidies for farming, science and deprived areas after Brexit, Chancellor announces. Telegraph.
Those who were
worrying about this and as a result did not support Brexit were being extremely
naive.
'But the government
has pledged to fill the shortfall with public money until at least 2020, which
based on the projections that Brexit will take two years, means the UK
government will make up a two-year shortfall.
The
money will come from Britain’s £8.5billion net contribution to the European
Union, which it will cease to pay upon its exit from the
EU.'
