Economics

Tea Party in the UK?

Conservative MPs joined the Labor opposition to demand real cuts to the EU budget

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British Prime Minister David Cameron has suffered his first significant parliamentary defeat after rebels in his Conservative Party joined the Labour opposition to demand a cut in the EU budget.

MPs passed a motion urging Mr Cameron to insist on a cut in real terms in the bloc's trillion-euro 2014-20 budget at a Brussels summit next month, by 307 votes to 294.