The World at One
BBC Radio 4

UKIP leader Nigel Farage said Mr Cameron's draft EU deal was "pathetic" and "hardly worth the wait".

The MEP was speaking to World at One presenter Edward Stourton.

Image source, Getty Images

Football fans are all too familiar with yellow cards and red cards. But in the EU it's a bit more complicated.

An important element of UK Prime Minister David Cameron's EU reform package is the right of national parliaments to block EU laws.

It would mean showing a "red card" to the European Commission - going beyond the current yellow card mechanism.

The red card does not yet exist - but it might, if EU leaders accept the reforms described by European Council President Donald Tusk. 

But how would it work and when could it be brandished?

Image source, Reuters

The CBI has described the draft outline of new EU membership terms as an "important milestone on the way to a deal that could deliver positive changes to the EU that will benefit not just the UK, but the whole of Europe". Its director general Carolyn Fairbairn has welcomed commitments to strengthen national Parliaments' control over regulation and an intensification of efforts to cut red tape and make the single market work better for all businesses.

There's been plenty of criticism of David Cameron's package of EU reforms from with the Conservative Party. Here's a flavour.

Liam Fox: The demands from the government were very limited to begin with and now they've been watered down by the EU on almost every front. I think it's clear now that the British public need to have control of their laws, control of their own economy, control of their own borders, and following this renegotiation it's now clear the only way to do that is to leave the EU.

Graham Brady: I don’t want to be churlish because I think David Cameron has clearly achieved some important improvements, but not on a scale that begins to address the concerns that I have.

Steve Baker: This in-at-all-costs deal looks funny, it smells funny, it might be superficially shiny on the outside but poke it and it’s soft in the middle. 

Daniel Hannan: (quoting Shakespeare): England never did nor never shall lie at the proud foot of a conqueror, but when it first did help to wound itself.

BBC News Channel

Alan Johnson, who is leading Labour's campaign to remain in the EU, says the package of reforms announced on Tuesday could be a "game-changer" in the referendum, describing them a "step forward" on the issues of sovereignty, competitiveness and welfare. If the PM makes a strong case for the UK to remain in the EU, he suggests this will persuade many Tory voters to go the remain camp. 

He also says his party will not stand in the way of a referendum in June, saying it makes sense for the party to extend its campaign for the May's elections into the EU referendum rather than having a "crank up" a new campaign. The BBC's Norman Smith says this is another pointer to a poll  on 23 June, with an almost remorseless momentum behind the date. 

Charlie Mullins, the managing director of Pimlico Plumbers, has said the EU renegotiation package represents a "proud victory" for the UK and he will enthusiastically campaign for the UK to remain in the EU. But he has urged David Cameron not to ease up the pressure in his efforts to protect sterling, eliminate red tape and reduce the level of benefits paid to migrants.  

Image source, PA

Foreign Secretary Philip Hammond has said there is "more work still to do" over the negotiation of Britain's EU membership and if there is no agreement at the EU summit later this month, the British government will "keep talking".

And Mr Hammond said it was "absurd" to suggest that holding a referendum in June would not allow enough time for a proper campaign.

Image source, UK Parliament

One of the more unlikely features of the day is that David Lidington, David Cameron's long-serving and hard-working Europe minister, has been trending on Twitter for two hours now. Perhaps he won't be that upset that Mr Cameron decided to spend the morning in Wiltshire rather than responding to Commons questioning about the future of the UK in the EU. 

Arron Banks, of the Leave.EU campaign, has released a scathing response to David Cameron's reform plans.

He describes the package as "worthless" and the emergency brake on migration as "laughable".

"Controlling a brake is a pretty poor second to having your hands on the steering wheel," he says.

His statement finishes with a metaphor-packed flourish:

BBC News Channel

Foreign Secretary Philip Hammond echoes David Cameron's language as he says the draft EU deal represents a "framework for substantial change in all four of the areas that we set out".

The EU has gone out of its way in the past few days to understand the UK's problems, he says, adding that "the architecture for a deal is there".

The Daily Politics

House of Commons
Parliament

Labour's Andrew Gwynne asks what has been done to inform NHS staff about Zika and make sure they can spot the disease.

Minister Nick Hurd says the government is "satisfied everything is being done" by Public Health England to draw up a list of guidelines for Zika, and there will also shortly be a list of guidelines for pregnant women.