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UK lawmakers warn of longer Brexit transition's cost to taxpayers

( February 22, 2018, 15:50 GMT | Official Statement) -- MLex Summary: Lawmakers on the UK's EU Scrutiny Committee have warned that British taxpayers will have to keep paying into the bloc's budget if a Brexit transition period lasts into 2021. A letter from the committee sent today to the UK Treasury asks for clarification about financial implications of that. A UK government paper yesterday said the period would likely be "around two years" and did not endorse the EU's preferred end date of Dec. 31, 2020.The statement follows. The letter is attached below. ...

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