I’m sure there’s something hinky going on here.
George Osborne has declared victory over the European Union and said he had forced Brussels to halve the UK’s £1.7billion budget bill.
Mr Osborne said he had worked “intensively” to secure a “better deal” for Britain over the budget demand, which was levied because of the success of Britain’s economy.
The UK will now pay £850million in two instalments in July and September next year.
EU rules have also been changed to ensure that Britain can never again be “ambushed” with an “enormous” bill.
Downing Street said that the bill had been halved because Britain’s rebate from Brussels is now being applied to the bill one year early.
However, critics immediately claimed that the rebate was always due to apply to the bill and insisted that the Government is effectively still paying £1.7billion.
My suspicion is that Britain’s rebate will be reduced by, ooooh, around and about £850 million shall we say?
But there’s definitely something hinky in this. No way did Brussels agree so quickly to say bye bye to £850 million.