EU Budget (Surcharge)

Lord Arbuthnot of Edrom Excerpts

Monday 10th November 2014 Commons Chamber

[Mr Osborne]

I am not sure what a white rabbit has to do with it, but it was not clear that the rebate would apply. That is precisely why we were engaged in intensive discussions with the European Commission, and it is why, universally in this House and in the media, people were talking about a figure of £1.7 billion. It was not clear, but we achieved the application of the rebate, and as a result the bill is £850 million.

[Mr James Arbuthnot (North East Hampshire) (Con)]

I think I am missing something here. Can my right hon. Friend confirm that the only reason we are discussing the payment of an EU surcharge at all is because of the stunningly impressive handling of the economy by my right hon. Friend?

[Mr Osborne]

My right hon. Friend is very kind. One of the reasons why this surcharge, as he puts it, has arisen is because of the strong UK economic performance relative to the continent of Europe. We should not be happy about the poor performance of the European continent. We want the European continent to be performing better.