EU's defence funding demand may swell UK's Brexit bill

Brussels

THE UK will be asked to make financial contributions to the European Union after Brexit that could go beyond what was agreed last year, according to a draft document on the bloc's position.

The document translates the EU's negotiating position into a concrete legal text that will form the basis of the final exit agreement. As details are added on the terms of the transition period - a two-year grace period that businesses are desperate to pin down - some of the conditions have been tightened and the UK has vowed to push back on at least some of them.