EU Budget (Surcharge) Debate

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Department: HM Treasury
Monday 10th November 2014

(9 years, 6 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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We were presented with a bill for £1.7 billion and we are going to pay about £850 million, so in my book that is a cut.

Mary Macleod Portrait Mary Macleod (Brentford and Isleworth) (Con)
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May I congratulate the Chancellor on the excellent deal that he has achieved in Europe? As a better woman than me once said, there is no such thing as Government money, only taxpayers’ money. Does he agree that the people who benefit from this negotiation are hard-working British taxpayers?

George Osborne Portrait Mr Osborne
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My hon. Friend is right. Of course, this is not the Government’s money: it is the people’s money—taxpayers’ money. People work very hard to earn money and then they pay taxes on it, and it is the policy of the Conservative party to keep taxes as low as possible.