The Prime Minister made a statement, yesterday, at the House of Commons, on the last European Council. Sir William Cash made the following intervention:

Bill Cash Chair, European Scrutiny Committee: My right hon. Friend will be aware there is an accelerated regulation relating to the question of payments into the EU budget. The Government have the power to veto the proposals. I received a letter from the Chancellor today, in reply to my urgent letter to him last week. Will this matter, in fact, be decided on 25 June, as originally proposed? Will the Government exercise their veto, and not merely abstain?

Theresa May The Prime Minister: Yes, I understand the matter will be considered on 25 June. It is the Government’s intention to abstain. This does not bind us, and I remind my hon. Friend that the measure could be taken by the European Union at any stage in the future.