David Cameron has made his most direct bid yet to stop Jean-Claude Juncker becoming the next European Commission president.
Cameron will risk the ire of his European counterparts today, attempting to further dent the chances of lead candidate Jean-Claude Juncker.
Today's fine for RBS pushes the bill for past bad behaviour over an enormous £4 billion.
The European Commission has angered a number of British politicians by offering recommendations on how the British economy could be improved.
The measures set out by the Commission include:
- raise council tax for those in the most expensive homes
- increase the housing stock by creating "appropriate incentives" to build homes
- monitor house prices and "adjust" the Help to Buy scheme if necessary
- prioritse spending on infrastructure to boost the economic recovery
- streamline the qualification system to help improve the skills base
Conservative MP John Baron has the EU should have "more pressing concerns" than offering the UK advice on how to manage its affairs.
Mr Baron, a prominent eurosceptic, was reacting after the EU made a series of recommendations for the UK, including increasing council tax on expensive homes and tweaking the Help to Buy scheme.
Nick Clegg has said that the EU should focus on reforming itself rather than offering "lectures" to member states.
The Deputy Prime Minister was speaking after the EU offered the British government a series of policy recommendations, including raising council tax on high-value homes, building more houses and adjusting the Help to Buy scheme.
European Commission calls for the UK to raise taxes on expensive homes, build more housing and "adjust" the Help to Buy scheme are "in line" with government policy, a Treasury spokesman has said.
"The European Commission continues to support the UK Government's strategy including its commitment to deficit reduction. The Commission's recommendations are in line with the Government's approach," the spokesman said.
The European Commission has called on Britain to raise taxes on higher value properties, build more houses, and consider "adjusting" the Help to Buy scheme
The European Union's executive body urged the Government to reform the "regressive" council tax system as taxes are relatively higher on low value homes than high value ones.
Setting out its 2014 economic policy recommendations for the UK, the commission also urged the coalition to bring more people into paying tax to aid deficit reduction which has so far been "heavily skewed" to spending cuts.
The recommendations may rankle with some in the wake of Eurosceptic Ukip's victory in the European elections and Prime Minister David Cameron's assessment of the EU as "too big, too bossy, too interfering".
Britain's debate on the future of its EU membership is "distorted", the European Commission Vice-President has said.
Viviane Reding, also the EU Justice Commissioner, said British politicians should "work on the quality of education and welfare" rather than blaming immigrants for the country's woes.
– Viviane Reding, European Commission Vice-President
I have made my position clear: the four freedoms enshrined in the EU Treaties come as a package.
You either enjoy all of them - or none. Those who benefit from the free flow of capital, goods and services must also accept that our citizens are free to move in the EU to travel, study and work.
And the rules allow Member States to fight abuse of this right.
Britain would lose influence if it were to leave the European Union, the Vice-President of the European Commission has said.
Speaking in Cambridge, Viviane Reding said that a UK outside the EU "would have to live with the rules decided on by the other EU countries".
Ms Reding said talks of renegotiations and referenda "distracts from the real issue".
"Finding more solutions like the ones [found for the banking and financial sector] is what we should all be focusing our energy and creativity on."