EU: UK Contribution Debate

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Department: HM Treasury

EU: UK Contribution

Lord Marlesford Excerpts
Wednesday 30th October 2013

(11 years ago)

Lords Chamber
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Lord Marlesford Portrait Lord Marlesford (Con)
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My Lords, following the good point made by the noble Lord, Lord Tomlinson, about the need to control the EU budget, does the Minister recognise that in the 1970s, when government spending in Britain got totally out of control, it was brought under control to a considerable extent by the noble Lord, Lord Healey, when he was Chancellor? Helped by Sir Leo Pliatzky, the Second Permanent Secretary to the Treasury, he introduced cash limits. At the moment, the Commission constantly argues that more money is needed to fulfil the obligations of earlier policy undertakings. Cash limits would do it, or help do it. Will the Government try to get the EU to introduce cash limits?

Lord Newby Portrait Lord Newby
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My Lords, there is a cash limit. There is an overall payment ceiling of €908.4 billion over the next budget period. That is a cash limit.