The Deputy Prime Minister hailed the new EU budget as the "right deal" for Britain:
This is the right deal for Britain and for Europe. It’s the best outcome for British taxpayers and people right across Europe.
Both the Prime Minister and I have always been clear that it was simply not right for the EU budget to go up when cuts are having to be made at home.
Whilst we may have our differences on other European issues, we have worked as one to keep the EU budget in check.
The EU budget deal is victory for David Cameron, but perhaps more accurately a victory for northern Europe over the south.
The EU president will unveil 'exciting' new budget proposals, but getting northern and southern bloc countries to agree will be tricky.