Commenting on reports that a deal has been reached between the UK government and EU over the size of the Brexit divorce bill, Liberal Democrat Leader Vince Cable said:

“If these numbers are correct, it means we’re paying a heavy price to leave an institution that has benefitted the country for decades.

“The Brexiters said we’d get £350m a week for the NHS, instead we face a financially damaging divorce settlement.

“The true cost of Brexit is becoming clearer by the day.

“This underlines why people should have a referendum on the final deal with the option of an Exit from Brexit.”