The Telegraph reports: "The government is fighting off new powers for the EU to summon George Osborne, the Chancellor, in front of the European Parliament to justify and defend Britain's economic policy." Moreover, it notes "The European Parliament is particularly insistent that governments should have to come to Brussels to publicly justify any departure or deviation from EU guidance on how best to manage their national policies."

Bill Cash was quoted saying "We have absolutely no business complying with any demand of the European Parliament. They have no status whatsoever…" Moreover, he stressed "It would be humiliating and degrading for any British Treasury ministers to be exposed to this demand."