Theresa Mayâ€™s claim thatÂ the extra Â£20bn-a-year for the NHSÂ will be funded by a â€œBrexit dividendâ€ is being challenged by parliamentâ€™s spending watchdog.
The public accounts committee is warning that any cash boost that might come in the wake of the UKâ€™s exit from theÂ European UnionÂ is several years away. The MPs also conclude that theÂ BrexitÂ divorce bill for the UK will be at least Â£10bn higher than the Â£35bn-Â£39bn figure put forward by the prime minister.
The UK will pay an extra Â£3bn more in budget contributions as well as an additional Â£2.9bn to the European Development Fund, MPs warned.
The committee said the way the settlement was calculated meant some of the UKâ€™s liabilities would not be known until 2022, when the final tally will be made of Britainâ€™s budget contributions for 2014 to 2020, based on national income over that period.
While the Treasury estimated that 60% of the settlement would be paid off by the end of 2021, the committee said payments to meet Britainâ€™s estimated Â£8.6bn liability for its share of EU staff pensions and post-employment sickness benefits could run to â€œat least 2064â€.
Nearest tube: Elephant & Castle underground station (Northern and Bakerloo lines).
Nearest Railway Station: Elephant & Castle
Buses from Elephant and Castle: ask bus driver for Burgess Park. Bus numbers: 12, 171, 148, 176, 68, 484, 42, 40, 45