The European Union’s ransom demand for €100 billion from Britain has no legal standing.
That’s the reality set out by the EU’s own legal team in private negotiation documents seen by The Telegraph.
It represents a hammer blow to the credibility of such a cash demand, which has steadily inflated from around £50 billion to £90 billion as some in the EU have increasingly lost the plot.
This is backed up by a House of Lords committee who advised that there is no legal obligation to hand over chunks of cash to Brussels no matter how much they stomp their feet.
Is this a Brussels bluff or are they serious about such ridiculous cash demands? If so, no deal looks increasingly likely.