UK-EU Renegotiation

Part of the debate – in the House of Commons at 12:48 pm on 3rd February 2016.

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Photo of David Cameron David Cameron The Prime Minister, Leader of the Conservative Party 12:48 pm, 3rd February 2016

We have already done the European budget agreement. For the first time, the seven-year financial perspective shows that the budget over the next seven years will be lower than over the last seven years, so there is a real-terms cut—something no one thought it would be possible to achieve. The exact amount of money we give depends on the growth and success of our economy. One consequence of our strong growth and the difficult times in the eurozone is that a little more has been contributed, but the overall financial perspective is coming down, which is good news for Britain.