Mr Redwood’s contribution to the Draft EU Budget 2011 debate, 13 Oct

Mr John Redwood (Wokingham) (Con): Conservative Members clearly have a very simple message for the Minister: we wish her well and we wish her to be strong and fierce in argument and debate, because we think she should be more ambitious. It is not enough just to freeze this budget; this budget has to be brought down. If there is any budget of all the budgets we look at in this difficult time about which we can say, “We can get away with cutting that,” it is this budget. I suspect many Opposition Members would agree with that, were they being honest about it. We are talking about a budget of €143 billion or £120 billion, which is more than we spend on the national health service. A big chunk of that budget is down to us, and we get nothing like the value out of it that we get from the NHS.

I therefore hope the Minister will look to the following very important precedent. The last time we had a good battling female Minister who stood up for Britain she was armed only with a handbag, yet with that one piece of equipment she came back with the biggest rebate we ever got: the rebate the Labour party stupidly gave away, and the rebate we need back. That rebate would give us twice as much money as the amount the Government are hoping to save from the cut in child benefit. We know the Minister has the right equipment. She assures me that she has an excellent handbag, so we wish her every success in putting that argument.

The argument to the Greeks, Italians and Portuguese must be that they are having to make far worse cuts than any that are suggested for the European budget. We can cut collectively in a much more sensible way than the damaging domestic cuts they are having to put to their electors. The French have already had riots on the streets over their domestic cuts. I am sure they will agree with our Minister that there are some easy pickings to be had by removing items from this European budget. I therefore also hope the Minister will point out that because this is a levy on all the member states and all the member states are borrowing too much money, every penny and cent of that €143 billion is going to be borrowed. The taxpayers will not just have to pay once, therefore; they will also have to pay all the interest on that and be ready to repay the debt.

Is this really the kind of thing we want to be borrowing money for? Of course it is not. So Godspeed to you Minister: put the case, and win over all those other Governments. They will surely agree with us that it is better to cut the European budget than to cut important domestic programmes.

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  1. Posted October 14, 2010 at 1:06 pm | Permalink

    The EU is nothing more than a super quango. Our deficit could be wiped out at a stroke if we quit. A double saving.

  2. WitteringsfromWitney
    Posted October 14, 2010 at 6:54 pm | Permalink

    And shame on those who signed the amendment (Philip Davies and Patel as examples) but who could not be bothered to vote for it!

    Well said in HoC and well voted!

  3. Posted October 15, 2010 at 1:05 am | Permalink

    Here's a radical idea. Why don't we just go ahead and cut it ALL?

  4. Lottery Balls
    Posted October 15, 2010 at 8:16 am | Permalink

    Just get out now the savings through the release of industry from mad regulations and its ill conceived policy directions and CAP would dwarf the budget saving by a factor of over 100.

  5. Mrs T
    Posted October 21, 2010 at 7:30 pm | Permalink

    I totally agree with Mr Redwood on this, I just wish someone on BBC News would ask the Mr Cameron and Mr Osbourne why they won't cut or scrap the EU budget. They should also call for an investigation into MEP's expenses before holding a referendum on leaving the "Common Market", (At least I think that's what people were asked to vote on)

  • About John Redwood

    John Redwood won a free place at Kent College, Canterbury, He graduated from Magdalen College Oxford, has a DPhil and is a fellow of All Souls College. A businessman by background, he has been a director of NM Rothschild merchant bank and chairman of a quoted industrial PLC.

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