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.”
- 1 Strictly Come Dancing 2014: Gregg Wallace joins line-up as final celebrities revealed
- 2 Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
- 3 Oil tanker with $100 million cargo goes missing off Texas coast
- 4 Saudi Arabia executes 19 in one half of August in 'disturbing surge of beheadings'
- 5 Brother and sister, Christopher Buckner and Timothy Savoy, arrested for 'committing incest after watching 'The Notebook''
YouTube video posted by Isis militants shows 'execution of 250 Syrian soldiers'
Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
Oil tanker with $100 million cargo goes missing off Texas coast
George Galloway left with severe bruising after attack in Notting Hill by man 'shouting about the Holocaust'
Brother and sister, Christopher Buckner and Timothy Savoy, arrested for 'committing incest after watching 'The Notebook''
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
Do you realise just how foolish the UK looks?
With Douglas Carswell joining Ukip, my party has taken another giant step forward
- < Previous
- Next >
£40000 - £50000 per annum + Benefits + Bonus: Harrington Starr: C# .NET Web De...
Highly Competitive Salary: Austen Lloyd: HAMPSHIRE MARKET TOWN - A highly attr...
£35000 per annum: Harrington Starr: Network Engineer (CCNP, CCNA, Linux, OSPF,...
Highly Attractive Package: Austen Lloyd: A VERY HIGH QUALITY FIRM A high qual...