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Brown accepts Blair rebate deal
Brown ‘caves in’ over UK rebate

The UK Treasury has failed to convince EU officials to allow the chancellor to claw back some of the EU rebate sacrificed by the Prime Minister. In 2005, Tony Blair agreed to cut the UK’s rebate from the European Union’s budget by around 20 per cent, equivalent to £7 billion between 2007 and 2013. The… Read more »

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Business leaders want rethink of EU membership, poll finds
Business leaders call for EU rethink

Most British business leaders think the burden of EU regulations outweighs the benefits of the single market, a new survey finds. An ICM poll of 1,000 chief executives for Open Europe, a think tank that wants an overhaul of the EU, finds 54 per cent believe red tape outweighs the trade benefits, compared to 35… Read more »