Mr Redwood’s intervention during the debate on the Multiannual Financial Framework (EU Budget), 31 Oct

Mr John Redwood (Wokingham) (Con): I welcome strongly the Government’s wish to have a new relationship with the EU, which is so appropriate now that it is going to integrate for the euro, so why is this not the time to negotiate different arrangements on how much we contribute and how many spending programmes we are part of, as the framework covers such a long period of time?

The Financial Secretary to the Treasury (Greg Clark): That is exactly what we are doing in this multi-annual financial framework, and the opportunity we have to veto a settlement that we are not in favour of gives us leverage in that.

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One Comment

  1. Posted November 7, 2012 at 2:42 pm | Permalink

    Will the veto mean anything if used, might delay things for a bit, but then the EU do just has they wish and impose what they assume to be right. Then expect us all to pay up and continue as normal. Who’s confusing who here? The government should put all its energies to pulling us out of this madhouse as soon as possible, with Merkel arriving shortly nows our chance, or will it be a chance wasted? Whatever the do over the channel it costs us more, they just impose what they want and until we remove ourselves there’s nothing we can do about it.

  • About John Redwood

    John Redwood won a free place at Kent College, Canterbury, and graduated from Magdalen College Oxford. He is a Distinguished fellow of All Souls, Oxford. A businessman by background, he has set up an investment management business, was both executive and non executive chairman of a quoted industrial PLC, and chaired a manufacturing company with factories in Birmingham, Chicago, India and China. He is the MP for Wokingham, first elected in 1987.

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