European Union (Finance) Bill

My hon. Friend makes an important point. I would perhaps go further: it is not just member states that recognise that things need to change and that there needs to be better value for money. Vice-President Georgieva, who has responsibility for the budget, also recognises the need to ensure that money is spent in a better way. The Prime Minister has consistently set out that there are two sensible objectives: to cut the whole budget and to protect the rebate. We will continue to make that case.