UK to pay £35-£39bn financial settlement leaving EU, says top UK source

The UK will pay a financial settlement estimated at £35-£39 billion (€40-€45bn) as it leaves the EU, a senior British source has revealed.

The size of the so-called "divorce bill" emerged after European Commission president Jean-Claude Juncker announced that he is recommending leaders of the remaining 27 EU states give a green light to the start of trade talks next Thursday.