EU budget: How does the EU spend its money?

How much does Britain contribute to the EU, what does it gets back, and how will the EU fill its post-Brexit funding shortfall?

The EU is facing a funding shortfall after the UK leaves
The EU is facing a funding shortfall once the UK leaves the bloc
(Image credit: Thomas Coex/AFP/Getty Images)

The EU will today set out proposals for its new seven-year budget. All eyes will be on Brussels as it looks to fill a post-Brexit fudning shortfall left by the UK as it prepares to leave the bloc and grapples with a wave of anti-EU populist sentiment sweeping across the continent.

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