PM’s ideas for cutting red tape ignored by EU

Prime Minister David Cameron has formally raised objections in Brussels that his ideas for cutting red tape were not reflected in draft summit conclusions, reports the BBC.

He had presented a letter from 12 governments calling for more deregulation to boost economic growth

Separately all EU states, apart from the UK and the Czech Republic, have signed a new fiscal treaty aimed at enforcing budget discipline in the eurozone.

BBC political correspondent Iain Watson said Mr Cameron’s complaint at a leaders’ dinner to open the summit was “five minutes of frustration”.

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Government sources said Mr Cameron wanted to fire a shot across the bows of Brussels bureaucrats.

During a speech in January at the World Economic Forum in Davos Cameron said the Coalition Government was pursuing an unashamedly, pro-business agenda, which involved scrapping needless red tape, simplifying planning and reviewing all regulation.

He said there was a need for bold action at a European level, with Europe’s lack of competitiveness remaining its Achilles Heel.