Oral Answers to Questions

William Cash Excerpts

Tuesday 4th December 2012 Commons Chamber

[Mr Lidington]

All 27 EU Heads of State and Government said in the conclusions to the October European Council that, in the arrangements for a banking union, there needed to be a “level playing field” between the ins and the outs, as well as safeguards

“in full respect of the integrity of the single market in financial services.”

[Mr William Cash (Stone) (Con)]

Has my right hon. Friend had an opportunity to read the blueprint published over the weekend by Mr Barroso, which contains 50 pages of detailed proposals for a full banking, fiscal and, ultimately, political union? Does he think that any of the proposals that this country has made have the remotest chance of being listened to in the context of that document, and of what Mr Noyer said the other day? Lastly, will my right hon. Friend ensure that the European Scrutiny Committee receives an early explanatory memorandum from the Government on those proposals?

[Mr Speaker]

I know that the legendary intellectual agility of the Minister of State will enable him to provide one pithy reply to the three questions that have just been posed.