EU leaders are edging closer to a final agreement on a budget deal this morning after all-night talks in Brussels. David Cameron wants a either a freeze, or cut in European spending for the next seven years.
- The opening bid amounted to a budget proposal of 913 billion euros, or £778 billion for 2014-2020
- Twelve hours of discussions produced a new figure early this morning of an estimated 908 billion euros, or £773 billion
- Yesterday UK government sources insisted David Cameron wanted to see "tens of billions" of cuts on the opening bid