Britain’s £20bn Brexit divorce bill offer is ‘peanuts’, says European Parliament president

Speaking to BBC’s Newsnight, he said: “We need our money back, as Mrs Thatcher said 30 or 40 years ago. This is important for us.

“We need not one euro more, not one euro less.”

The figure of around £18 billion (20 billion euro) that Mrs May was offering is “peanuts”, he said, with “the real situation” being a sum of around £45- £53 billion (50-60 billion euro).

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