David Cameron to renew call for freeze in spending by the European Union
Andrew Grice has been Political Editor of The Independent since 1998. He was previously Political Editor of The Sunday Times, where he worked for 10 years, and he has been a Westminster-based journalist since 1982. His column, Inside Politics, appears in The Independent each Saturday.
Tuesday 06 November 2012
David Cameron is to renew his call for a freeze in spending by the European Union when he holds crunch talks with Angela Merkel, the German Chancellor, in Downing Street.
The Prime Minister will be under pressure from two sides. Mrs Merkel will urge him to allow a small real terms rise in the EU’s budget for 2014-20 and not to wield the British veto at a Brussels summit in two weeks. But his plan for a freeze will disappoint the 53 rebel Conservative MPs who defeated the Government last week when they demanded a cut in EU spending.
In the Commons, 23 Tory Eurosceptics challenged Mr Cameron’s authority again by calling on him to veto proposals to forge a banking union among the 17 countries in the eurozone. The Government backs the idea as part of a plan to resolve the euro crisis but the Tory MPs fear it will damage the City of London by boosting the rival financial centres in Paris and Frankfurt.
Bill Cash, Tory chairman of the cross-party EU Scrutiny Committee, expressed concern that the UK could be outvoted by the 17-nation bloc on the European Banking Authority. “That would be singularly bad news for the City of London,” he said.
Andrea Leadsom, a Tory member of the Treasury Select Committee, said banking union would have “a much more profound effect” on the UK than the EU budget row.
Some 23 Tory Eurosceptics signed a rebel amendment opposing a Commons motion to approve banking union. But they had little chance of defeating the Government because, unlike last week, the Labour Opposition will not join forces with them.
Speaking ahead of his working dinner with the German Chancellor, Mr Cameron’s official spokesman said: “We approach these negotiations [on the EU budget] looking to get an agreement but it must be the right deal for the UK.”
- 2 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 3 Gamers confess the worst things they've done in The Sims
- 4 6-year-old writes ice cold Valentine's card to his stepmother
- 5 Syrian child photographed 'surrendering to camera because she thought it was a gun'
Rape threats, death threats and a police investigation after video poking fun at an Islamic Party in Malaysia goes viral
Why Robin Williams safeguarded himself against a morbid trend in advertising
Jeremy Clarkson 'could be given minder' ahead of a potential Top Gear return
6-year-old writes ice cold Valentine's card to his stepmother
Jeremy Clarkson to become 'special adviser on transport' to David Cameron
Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
Revealed: Putin's army of pro-Kremlin bloggers
Katie Hopkins reported to the police for race hatred by Labour MP Simon Danczuk after tweet about Pakistani men
£18000 - £22000 per annum: Recruitment Genius: This is an exciting opportunity...
£30000 - £35000 per annum: Recruitment Genius: Working closely with the market...
£20000 - £50000 per annum: Recruitment Genius: A reputable company, famed for ...
Negotiable: Ashdown Group: The Ashdown Group has been engaged by a highly resp...