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UKEU Talks Stall Over Billions Sought for Defence Fund Access

Brussels is seeking €4bn–€6.5bn for UK access to the €150bn Safe scheme as a 30 November bid cutoff nears.

Overview

  • The UK is prepared to walk away from the defence element of the post-Brexit reset if the offer is not judged value for money, according to reporting.
  • EU proposals also link ending UK-to-EU food border checks and access to the European electricity market to fresh payments into EU cohesion funds.
  • A European Commission spokesperson confirmed Keir Starmer sought to meet Ursula von der Leyen at COP30, but said the meeting did not happen for scheduling reasons.
  • EU ambassadors’ talks on Tuesday ended without agreement, with several capitals divided over how to reference future UK payments in the text.
  • EU negotiators argue the package amounts to single-market participation that merits contributions similar to Switzerland’s, while London has reiterated that nothing has been agreed.