PM defends EU budget position

David Cameron has defended the collapse of talks aimed at agreeing the EU budget, saying: "We are not going to be tough on budgets at home and sign up to big increases in European spending in Brussels."

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Nick Clegg: 'Step back' and make our case for restraint

The Prime Minister and Deputy Prime Minister remain at one when it comes to protecting British taxpayers' interests in Brussels. Britain has worked constructively to come to a deal and, while there has been progress at this summit, the deal is still not right for Britain and a number of other countries.

When governments around Europe are exercising restraint on spending at home, the EU budget also needs to demonstrate discipline with a real terms freeze. It is right that, across Europe, we now all take a couple of months to step back from this, continue to make our case for restraint and come back to it in 2013 ready to do a sensible deal along the lines we've proposed.

– STATEMENT ON BEHALF OF Deputy Prime Minister Nick Clegg

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