David Mowat
Main Page: David Mowat (Conservative - Warrington South)Department Debates - View all David Mowat's debates with the HM Treasury
EU Budget (Surcharge)
David Mowat Excerpts(9 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Osborne
As I have already said, the rebate and its size were only confirmed to us by the European Commission—by the vice-president for the budget—last Thursday night.
David Mowat (Warrington South) (Con)
Roughly speaking, the previous Government gave away 20% of our rebate. Based on that logic, they have just cost us a further 20% of £1.7 billion. Does the Chancellor agree that they have just cost us another £340 million?
Mr Osborne
My hon. Friend underestimates what the previous Labour Government cost us. They actually cost us billions of pounds a year in the rebate that they gave away. That is yet another reason why the idea that they could fight for our interests in Europe is obviously false: we saw what they did when they were in office.