Saturday 24 November 2012

Budget Talks

Parliamentary Yearbook Resource: I remember how unprofitable it was to try to export to the EEC before we joined it, owing to high import tariffs. UK only had free access to EFTA's piddling market.
Surely if UK were to quit the EU, it would again find it difficult to export to what remains its major, albeit diminishing, export market? There might be a separate EU/UK trade agreement but France and other countries Cameron has upset will make sure it still leaves UK at a disadvantage.



Parliamentary Yearbook Resource: I hope you all realise that Cameron has put us in a position where we will now pay more than he could have settled for yesterday .

Failure to agree on the budget means rolling over the 2013 budget into 2014 on a month-by-month basis. This will leave the UK in a worse position, because the 2013 budget is bigger than the preceding years of the 2007-2013 budget round.

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