Skip to content
Tuesday 25 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,886.16
+0.29%
DAX
26,266.14
+0.61%
CAC 40
8,439.20
-0.16%
STOXX 50
6,455.63
+0.12%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Sunday 09 June 2019 12:18 pm

Boris Johnson vows to hold back £39bn Brexit divorce bill to force EU into a better deal

By: Alex Daniel

Add as a preferred source on Google
Boris Johnson today made his pitch to become the next Prime Minister (Getty)
Boris Johnson today made his pitch to become the next Prime Minister (Getty)

Boris Johnson has threatened to force the European Union’s hand by withholding Britain’s £39bn “divorce” bill until it agrees to more favourable terms to leave.

The former mayor of London made his first pitch to become Prime Minister by vowing to keep hold of the cash, scrap the Northern Irish backstop and guarantee the rights of all EU citizens in the UK.

Read more: Boris Johnson wins legal challenge against High Court summons

“I think our friends and partners need to understand that the money is going to be retained until such time as we have greater clarity about the way forward,” he said. The money would be a “great solvent and a great lubricant” in striking a more favourable deal, he told the Sunday Times.

Johnson said his leadership style would be “on the same lines” as his time as mayor. This would entail installing a “team of stars” in his cabinet, he said. Such a team would play a crucial role in his negotiating strategy of ripping up Theresa May’s withdrawal agreement and sending ministers to barter with the bloc, rather than officials.

“I will be giving personal direction to the negotiations but we will also have a very strong and ministerially led negotiating team,” he said.

He also said he would hasten Whitehall’s no-deal preparations if he was elected leader of the Conservative party. Under his stewardship, Britain would leave the bloc by 31 October, with or without a deal, he added.

Referring to his Labour and Brexit Party rivals as mythological Greek monsters, Johnson said: “I truly believe only I can steer the country between the Scylla and Charybdis of Corbyn and Farage and onto calmer water.

Read more

Healey told tax rises for fiscal remedy are ‘not required’

Massachusetts Attorney General Maura Healey, smiling and gesturing, speaks at a podium.

“This can only be achieved by delivering Brexit as promised on October 31.”

Five Boris Johnson pledges

– Withhold Britain’s £39bn divorce payment to the EU to force better terms
– Scrap the Northern Irish backstop, instead settling the Irish border dispute when Brussels is ready to agree to a future relationship
– Recognise the rights of the 3.2m EU citizens living in Britain
– Accelerate the Civil Service’s preparations for a no-deal Brexit
– Leave the EU by 31 October, deal or no deal

The former foreign secretary also promised to “unconditionally” guarantee the rights of the 3.2m EU citizens living in the UK. “That is something that I think would be very welcome on the other side of the Channel.”

The leadership race

Johnson joins the leadership race just as fellow Tory forerunner Michael Gove struggles to put a lid on revelations he took cocaine hours after condemning “middle-class professionals” using it in the Times newspaper twenty years ago.

The environment secretary made his admission ahead of the publication of a book about him by City A.M’s head of politics Owen Bennett, which includes the revelation. He told the BBC’s Andrew Marr Show this morning he was “fortunate” that he didn’t go to prison after using the class A drug “several” times, and that he “deeply regrets” doing it.

Several prominent Tories have already jumped to back Johnson. Transport secretary Chris Grayling said: “The next Conservative leader must be able to get us through Brexit and then pursue the kind of agenda that won David Cameron the 2015 election. They must have the electoral appeal to beat Corbyn. Boris is the one who can win.”

Read more: Donald Trump endorses Boris Johnson to be Prime Minister

Meanwhile James Cleverly, who pulled out of the leadership race last week, said: “I know he will move heaven and earth to deliver Brexit, I’ve worked with him in City Hall promoting UK business, delivering the 2012 Games and fighting knife crime, and I know he can win elections.”

Treasury secretary Liz Truss also announced her support for the former foreign secretary last week.

Read more

Lammy’s cohabitation rules threaten unmarried couples with ‘horrendous’ court costs

Foreign Secretary David Lammy is set to hold talks with officials about Iran and Israel.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • Boris Johnson
  • Brexit
  • Conservative leadership race

Trending Articles

  • Andy Burnham hints at tax rises in Autumn Budget

  • Budget 2026: Which taxes will Burnham and Healey hike?

  • Can debt-ridden Morrisons become a Big Four supermarket again?

  • Burnham shelves Thames Water administration plans over costs

  • As it happened: Stocks rally; US to unveil ‘economic D-Day’ Iran sanctions

More from Morning Wire

  • Healey told tax rises for fiscal remedy are ‘not required’

    Economics
    Massachusetts Attorney General Maura Healey, smiling and gesturing, speaks at a podium.
  • Lammy’s cohabitation rules threaten unmarried couples with ‘horrendous’ court costs

    Legal
    Foreign Secretary David Lammy is set to hold talks with officials about Iran and Israel.
  • Should Burnham dash for an early election?

    Opinion
    Andy Burnham, wearing a dark suit and glasses, speaks outdoors with trees in the background.
  • Thunder Call set to Strike in Shergar Cup Sprint

    Sport
    Thoroughbred racehorses with jockeys galloping on a green track, blurred crowd in foreground
  • Is it ever ok to wear shorts to the office?

    Opinion
    Man in shorts and sunglasses walking through an office, holding a Free Palestine mug, while colleagues watch in disbelief.
  • Mark Kleinman: English football’s New Deal heads into injury time

    Business
    Mark Kleinman is Sky News' City Editor and writes a column for Morning Wire
  • Billionaire Bill Ackman donates £300m to brain research centre after daughter suffers haemorrhage

    Pharma
    Billionaire hedge fund investor Bill Ackman was beaten in straight sets after he made his ATP Tour debut.
  • Watch out, Burnham

    watches
    Man in The Passage apron slicing food in a commercial kitchen, with a food allergens chart visible.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook