Damian Collins
Main Page: Damian Collins (Conservative - Folkestone and Hythe)Department Debates - View all Damian Collins's debates with the HM Treasury
Multiannual Financial Framework
Damian Collins Excerpts(11 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Newmark
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.
Mr Newmark
No, I think I will proceed.
On the Labour party’s chutzpah and hypocrisy, the hon. Members for Rhondda (Chris Bryant) and for Nottingham East (Chris Leslie) argued for more financial restraint and for looking after taxpayers’ interests, but there was a 47% real-terms increase in the EU budget while Labour was in government. What has suddenly changed their minds? We need not take any lectures from them. Their policies are incoherent, opportunistic and completely lacking in credibility.
That brings me to the nub of the argument: which way will we go? Will we ask the Prime Minister for something that he can achieve, which is a real-terms freeze? That does not mean that he will not do better than that, because I believe he will fight our corner for real-terms cuts. I am sure he is listening to everybody who is fighting for real-terms cuts, or at least to Government Members, but what is his bottom line? What is the red line beyond which we should pull out the veto, which the hon. Member for Nottingham East has not admitted he is willing to use? That red line has to be at least a real-terms freeze. That is what today’s debate is really about.
I ask my right hon. and hon. Friends to consider what message we want to give the Prime Minister. It should be that he should negotiate in the best interests of UK plc. That means fighting for a real-terms cut—I want that, and so do all my right hon. and hon. Friends—but the bottom line should be a real-terms freeze, which I believe is achievable in the negotiations.