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U.K. Brexit Divorce Bill Is 37.1 Billion Pounds, Says Watchdog

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Brexit and the OBR

The U.K. government’s budget watchdog -- the Office for Budget Responsibility -- expects the Brexit divorce bill to be 41.4 billion euros, or 37.1 billion pounds.

The figure was released in an annex accompanying the main financial forecasts of the Spring Statement. It’s “almost exactly in the middle” of the range given by the British government and the majority of the cost, around 75 percent, will be incurred by 2022.