Page last updated at 17:28 GMT, Monday, 26 November 2012

EU Council statement

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The leader of the House of Lords has repeated a Commons statement on the recent EU Council summit.

Lord Strathclyde delivered the statement, which was given earlier in the Commons by Prime Minister David Cameron, on 26 November 2012.

The Brussels summit on the EU budget ended without agreement on Friday 23 November.

Hours of talks on the 2014-2020 budget failed to bridge big gaps between the richer countries and those whose economies rely most on EU funding.

The UK said current EU spending levels must be frozen.

The prime minister told MPs the "deal on the table was not good enough".

Labour said the UK had failed to build alliances needed to obtain a deal, but Mr Cameron said that the UK's call for cuts had been backed by Germany, Sweden and the Netherlands, among others.

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