Prime Minister David Cameron
Media playback is unsupported on your device
Video

Cameron: EU budget deal 'protects' UK taxpayer

Prime Minister David Cameron has said he has protected British taxpayers by putting the spotlight on reining in EU budget "excesses".

Mr Cameron has secured agreement from 10 EU leaders that the rise should not exceed 2.9%, amid calls for a 5.9% rise.

He said the "crazy" 5.9% was "dead" and a separate opt-out had ensured the UK would not bail out EU states.

Go to next video: EU budget 'difficult' task says PM