The EU is demanding that any future British government pays significant financial compensation if they quit a post-Brexit “reset” deal as part of negotiations with Sir Keir Starmer.
Brussels has included a termination clause that would require London to pay a high level of restitution if it chose to exit a proposed EU-UK “veterinary agreement” to remove Brexit red tape for British food and drink exporters, according to a draft text seen by the Financial Times.
EU diplomats have dubbed the stipulation a “Farage clause” that they said was designed to insure the bloc against the risk of Reform UK leader Nigel Farage becoming prime minister and making good on his threat to reverse Starmer’s attempted move closer to Brussels.
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