The EU is said to be demanding that financial compensation be paid by any future British government that reneges on a post-Brexit “reset” deal signed with Sir Keir Starmer, as part of an attempt to protect the agreement should Reform UK ever come to power.
A draft text of the proposed EU-UK “veterinary agreement” – which would slash red tape for UK food and drink exporters – reportedly includes a termination clause that would require Britain to pay a penalty if it left the deal, a stipulation that is said to have been dubbed the “Farage clause” by EU diplomats.