UK will not pay 100 billion euro EU exit bill, says Brexit minister

Britain will not be paying 100 billion euros ($109.14 billion) to leave the European Union, Brexit minister David Davis said on Wednesday after the Financial Times reported that the EU was preparing to demand that amount.The FT said that after requests from member states, EU negotiators had revised their initial calculations to maximise the liabilities Britain would be asked to cover, including post-Brexit farm payments and EU administration fees in 2019 and 2020.