The Telegraph reports:"Britain would lose a £3 billion annual rebate on payments to Brussels and faces new European taxes under proposals tabled on Tuesday alongside a Franco-German plan for EU treaty change that raises the prospect of a British referendum on Europe."

Bill Cash was quoted saying "This must not only be refused on the basis of not giving new powers to the EU but we have to have a referendum," Moreover, he said  "With the rebate and tax proposals, the EU is making demands that are completely unacceptable to the British people." Read the article here.