Clegg fury over EU defeat vote

Deputy Prime Minister Nick Clegg has warned Tory rebels who combined with Labour to inflict a damaging defeat on the coalition that they have "absolutely no hope" of achieving their goal of forcing the European Union (EU) to cut spending.

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PM appeals to Tory rebels after EU budget vote defeat

David Cameron appears to be trying to win over the Tory Rebels who voted against him last night, over controversial increases to the EU Budget.

Today, he said: "Of course I will listen carefully to parliament. If we don't get what I consider a good deal for Britain. I will have no hesitation at vetoing the multi-financial package, it won't happen.

Report by ITV News Political Correspondent Alex Forrest

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What are the options for the EU budget?

The European Commission is pushing for a 5% increase in spending over the period from 2014 to 2020. On November 22 and 23, there will be negotiations to reach a deal.

  • More than 50 Tory MPs joined Labour yesterday in voting for the Government to pursue a cut to the budget
  • The Government wants a budget freeze, meaning it would only rise in line with inflation
  • Deputy Prime Minister Nick Clegg says Britain has 'no hope' of negotiating a cut in real terms
  • Chancellor George Osborne says a freeze would be better than reaching no deal at all
  • If David Cameron vetoes any deal that is reached in the EU, the budget will automatically rise by 2%

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Nick Clegg makes case for Britain's support of single market

The Deputy Prime Minister made an argument for Britain's support of the single market, saying that British jobs depend on it. He said:

"Around one in every ten jobs in Britain relies on British trade within the single market."

"One of the reasons big multinationals come here is because we offer a launching pad to the worlds largest borderless marketplace.

A steelworker in the rail track production section at the Tata Steelworks in Scunthorpe, Lincolnshire Credit: Anna Gowthorpe/PA Archive/Press Association Images

"Think of the big employers whove set up operations here: Samsung, Tata, Siemens. The automotive giants helping drive the renaissance in the UKs car industry: Nissan, Honda, BMW, Toyota."

"These companies need to be reassured that we will continue to be the best bridgehead into the European market."

Nick Clegg: Labour 'change of heart' on EU is 'dishonest'

The Deputy Prime Minister Nick Clegg haslaunched a robust attack on Labour calling some of its members' stance on the EU budget "dishonest" and "hypocritical".

He said the Government has been consistent in its belief that "we cannot support a real increase in EU spend".

Britain was taking the "toughest negotiating stance of any EU state" but that a cut to the budget was not achievable, he said.

Douglas Alexander: Labour has been 'entirely consistent'

Shadow foreign secretary Douglas Alexander has said Labour had been "entirely consistent" since July in arguing for a real-terms cut in EU spending.

He said: "The Labour Party was consistent and clear in July that we thought the right approach for Britain, in fact the right approach for Europe, was to go for a real-terms cut.

"We support Britain's future in Europe but we also support the reform of Europe," he added.

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