According to several diplomats familiar with the talks, the UK would assume EU liabilities worth up to €100bn although net payments, discharged over many decades, could fall to less than half that amount, reports The Financial Times.
Prime Minister Theresa May is expected to formally present the offer next week.
Conservative Brits are not going to be happy.
On his London-based radio talk show, Nigel Farage is already calling the deal a sellout and a setup for more demands by the EU--and he is absolutely correct.
-RW
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