Bloomberg carry this item on a contingency plan for the UK not to pay the Brexit bill if the European Union does not agree to its trade deal
Prime Minister Theresa May's team has drawn up a secret contingency plan to withhold billions of pounds in Brexit payments in order to force the European Union to give the U.K. the trade deal it wants.
- as a fall-back option that could be used if the EU reneges on its commitment for a new free-trade deal to come
- The plan is far from the U.K.'s preferred outcome
"Either the EU gives us a trade deal or they won't get any money at all," said Iain Duncan Smith, the former leader of May's Conservative Party. "Everything is agreed, or nothing is agreed."
Dunno if this is fresh news, but it is probably not much of a surprise.
Here is the bbg Bloomberg piece for more: