Multiannual Financial Framework Debate

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Department: HM Treasury

Multiannual Financial Framework

Stewart Hosie Excerpts
Wednesday 31st October 2012

(11 years, 6 months ago)

Commons Chamber
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Brooks Newmark Portrait Mr Newmark
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I hasten to add that it is my wife’s birthday as well.

Let us discuss and decide today what message the Prime Minister should be given. Clearly he will read Hansard, and he will know the message that the Whips give him and so on, but do we want to bind his hands when he goes into the negotiations? He has already discussed a real-terms freeze with the Germans, French and Dutch, who are buying into the fact that this is a reasonable prospect. Do we want to push him over the edge and ask for something that we know he can never realistically achieve?

Stewart Hosie Portrait Stewart Hosie (Dundee East) (SNP)
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The real-terms freeze that the hon. Gentleman says is realistic is of course an inflationary rise. Does he really believe that it is unrealistic that the European Union can find modest efficiencies to deliver even a modest cut? When I am to his right on a subject, he is definitely wrong.

Brooks Newmark Portrait Mr Newmark
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If it was the hon. Gentleman and I negotiating, I am sure we could find some realistic efficiencies. The fact is, however, that for the time being—I say this for the benefit of my hon. Friend the Member for Stone (Mr Cash)—we are in something called the European Union. We therefore have to negotiate with more than 25 other countries.