EU Budget (Surcharge) Debate

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Department: HM Treasury

David Mowat

Main Page: David Mowat (Conservative - Warrington South)

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Planning Application—Bozeat (Wellingborough)

EU Budget (Surcharge)

David Mowat Excerpts

Speaker’s Statement
Monday 10th November 2014

(11 years, 10 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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As I have already said, the rebate and its size were only confirmed to us by the European Commission—by the vice-president for the budget—last Thursday night.

David Mowat Portrait David Mowat (Warrington South) (Con)
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Roughly speaking, the previous Government gave away 20% of our rebate. Based on that logic, they have just cost us a further 20% of ÂŁ1.7 billion. Does the Chancellor agree that they have just cost us another ÂŁ340 million?

George Osborne Portrait Mr Osborne
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My hon. Friend underestimates what the previous Labour Government cost us. They actually cost us billions of pounds a year in the rebate that they gave away. That is yet another reason why the idea that they could fight for our interests in Europe is obviously false: we saw what they did when they were in office.

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