From the FXWW Chatroom: FT: Cabinet ready to back May’s increased Brexit bill offer
UK prime minister keen to break deadlock at next month’s EU Council meeting
UK prime minister Theresa May is expected to get the green light from ministers on Monday to increase her Brexit “divorce bill” offer, narrowing the gap with the EU’s €60bn estimate in a bid to break the deadlock in talks with Brussels.
Eurosceptic cabinet ministers, including foreign secretary Boris Johnson, have indicated they are prepared to accept, with conditions, an increase to the €20bn offer that the UK has already made. One minister predicted the offer would rise to more than €40bn.
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