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European Financial Services Proposals

Part of Oral Answers to Questions — Foreign and Commonwealth Office – in the House of Commons at 4:22 pm on 1st December 2009.

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Photo of Sarah McCarthy-Fry Sarah McCarthy-Fry Parliamentary Secretary, HM Treasury 4:22 pm, 1st December 2009

This is a package of five legislative proposals. The hon. Gentleman is quite right that four of them are down to qualified majority voting, but one of the items in the package is subject to unanimity. We are going into the negotiations with our red lines and I am sure that the Chancellor will stick to them. Within the negotiations, I am sure that we will get not only what is good for the UK, but what is good for the EU.

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