EU Budget Surcharge

Lord Brabazon of Tara Excerpts

Monday 10th November 2014 Lords Chamber

[Lord Deighton]

I thank the noble Lord for pointing out that these are, in practice, technical adjustments. Of course, it was a very large technical adjustment delivered with very short notice, which is why the Prime Minister reacted in the way that he did, and why, as part of the negotiations over the past couple of weeks, we have determined that the process will not work quite that way again. In summary, I agree with the noble Lord that there is a better way to handle these things.

[Lord Brabazon of Tara (Con)]

My Lords, would my noble friend not agree that, when the announcement was first made that we had to pay £1.7 billion—it is pounds, not euros—we were told by the Commission, other member states and, no doubt, the party opposite that it had to be paid by 1 December, or else we would have to pay interest? We have now reached a situation where it does not have to be paid by 1 December; half of it has to be paid over a period next year. By the way, there was no mention of the rebate whatever at the beginning of this conversation. If this is smoke and mirrors, can we please have more of them?

[Lord Deighton]

I thank my noble friend for putting, with force and eloquence, precisely the points I have been trying to make in response to the last three questions.