EU: Budget

Debate between Lord Sassoon and Lord Hunt of Chesterton

Monday 10th January 2011 Lords Chamber

[Lord Sassoon]

My Lords, I sincerely hope that we will not; anyway, I am sure that I will not be here giving those Answers for 15 years. We are making progress: the number of areas of qualification of the budget is going down and the level of fraud has been significantly reduced and is at a very low level, so there are certainly improvements in the detailed audits coming forward. However, that is occurring within a total picture which, I repeat, is not acceptable. We must work towards achieving more progress.

[Lord Hunt of Chesterton]

My Lords, does the Minister agree that many important projects and finances come through our involvement with the European Union which are valuable in areas ranging from agriculture to manufacturing? He should be well aware that, if there is excessive interest in detailed financing and control, it will be very difficult for these projects to operate.

[Lord Hunt of Chesterton]

You just have to listen to all the important manufacturers who find involvement in Europe extremely valuable. I hope the Government will ensure that this support is effective as well as valuable.

[Lord Sassoon]

My Lords, we are taking steps—for example, I think that we are one of only three or four countries which voluntarily publish audited statements on the way that co-managed funds are used in the UK. As a country we are doing everything to make the UK accounts as transparent and thoroughly audited as any, and the European Commission has noted that with approval. It is depressing that in agriculture, the largest area of spend, the error rate found by the auditors is going up.