EU Budget: Contributions
Commons · Question 28796 · Tabled 10 Sep 2026 · Treasury · Official record
Answered 18 Sep 2026
Question
Asked by Alex Burghart
To ask the Chancellor of the Exchequer, pursuant to the Answer of 7 September 2026 to Question 20813, what assessment his Department has made of the potential impact of the UK/EU reset and new financial obligations to the EU on changes to the profile of p
Answer
Answered by Lucy Rigby, 18 Sep 2026
As announced on 17 December 2025, the UK has agreed to join the Erasmus+ programme in 2027 at a 30% discount compared to the default terms of the Trade and Cooperation Agreement (TCA). This will require a payment of c. £570m. The UK’s existing financial o...