Academics questioned on EU budget post Brexit
14 December 2016
The EU Financial Affairs Sub-Committee begin its short inquiry into Brexit: EU budget by taking evidence from academics at LSE and Royal Holloway, University of London.
Wednesday 14 December in Committee Room 4A, Palace of Westminster
- Professor Iain Begg, Professorial Research Fellow, European Institute, London School of Economics
- Dr Giacomo Benedetto, Senior Lecturer Politics/Jean Monnet Chair, Department of Politics and International Relations, Royal Holloway, University of London
Likely areas of discussion
The EU Financial Affairs Sub-Committee is investigating the implications of Brexit for the UK's contributions to and receipts from the EU budget. It will consider the status of the UK's position in respect of the 2014–20 Multiannual Financial Framework should Brexit happen before it expires as well as ongoing liabilities resulting from commitments agreed to under annual budgets. It will also consider EU programmes where the UK may wish to contribute following Brexit and the implications of seeking a deal in which the UK continues to contribute in exchange for access to the single market.
The witnesses are likely to answer questions on the following areas:
- How the EU budget is structured and agreed and the main factors in determining the UK's contributions over the next few years
- The legal status of the 2014–20 MFF deal and whether the UK is committed to paying its full share until 2020
- The likely extent of UK liabilities resulting from commitments already made and those due to be agreed before Brexit
- The likely impact of a complete UK withdrawal from the EU budget on the budget's ability fund the EU's aims
- Whether the UK might seek to remain in certain EU programmes based on a cost-benefit analysis
- Whether continued budgetary contributions could result in significant market access.