Osborne's EU budget deal 'smoke and mirrors' - Ed Balls

Name: Osborne's EU budget deal 'smoke and mirrors' - Ed Balls
Uploaded: 2014-11-07T17:50:00.000Z
Duration: 1 min 26 s
Description: Chancellor George Osborne is accused of "smoke and mirrors" after he claimed to have halved the additional bill Britain would pay to the EU budget, from £1.7bn to £850m.

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Chancellor George Osborne has been accused of resorting to "smoke and mirrors" after he claimed to have halved the additional bill Britain would pay towards the European Union budget, from £1.7bn to £850m.

Shadow chancellor Ed Balls said the deal had not saved the UK "a single penny".

7 November 2014