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Banking Union and Economic and Monetary Union

Part of Free School Meals (Children Over the Age of 16) – in the House of Commons at 4:59 pm on 6th November 2012.

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Photo of Bill Cash Bill Cash Chair, European Scrutiny Committee, Chair, European Scrutiny Committee 4:59 pm, 6th November 2012

Does my right hon. Friend not accept that because this is governed by qualified majority voting, even with our best endeavours the reality is that it is not merely likely but it is as certain as we could imagine, given what we hear from other side of the European Union, that we will be outvoted? To follow on from the remarks made by my hon. Friend Mr Baron, what guarantee can the Minister give, in the light of the fact that this is so important for the City of London?