I need to make some progress.
There are those who will say that this process cannot succeed, that Europe will never change, and that our negotiations will not be successful. Looking at the record of the last Labour Government, I can see why they would say that. Under that Labour Government, there was a one-way transfer of powers from Westminster to Brussels. They gave away £7 billion of the hard-fought-for British rebate but got absolutely nothing in return. They presided over a massive increase in the EU budget, they signed us up to the eurozone bail-out funds and they failed to deliver on their promise to give the British people a say before ratifying the Lisbon treaty. Labour’s record on Europe was one of dismal failure.
In the last Parliament, however, we showed what could be done. We showed that, even in coalition with the Liberal Democrats, change could be achieved by adopting a tough negotiating stance and a laser-like focus on our national interest. We cut the EU budget for the first time ever, saving British taxpayers billions of pounds. We took Britain out of the eurozone bail-outs that Labour signed us up to—the first ever return of powers
from Brussels. We vetoed an EU treaty that would have damaged Britain’s interests, we brought back control of more than 100 police and criminal justice measures and we secured exemptions for the smallest businesses from EU regulation. Our record in the past five years shows that we can deliver change in Europe that is in Britain’s national interest.