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Luxembourg PM warns of £50bn Brexit bill

Xavier Bettel compared the EU stance to Margaret Thatcher’s bitter battle to get a major rebate for the UK in the 1980s.

Britain could have to pay a Brexit divorce bill of more than £50 billion, the prime minister of Luxembourg has warned.

Xavier Bettel compared the EU stance to Margaret Thatcher’s bitter battle to get a major rebate for the UK in the 1980s.

Mr Bettel told The Mail on Sunday: “It is now time for the European Union to make an analogy with the famous quote of Mrs Thatcher, ‘We want our money back’.

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Xavier Bettel accused Boris Johnson of bragging when he claimed Britain could have its cake and eat it over Brexit (Victoria Jones/PA)

“Concerning the exit bill, it is important to underline that the British government took this commitment in the past and needs to honour it. It is not a penalty.

“The sum ranges between £36 billion and £54 billion.”

Mr Bettel accused Foreign Secretary Boris Johnson of “bragging” when he claimed Britain could have its cake and eat it over Brexit.

He said: “It is not possible to have your cake and eat it too – Boris Johnson knows that.”

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