Cameron isolated after wielding veto / Britain agrees two-speed Europe / Eurosceptics celebrate use of veto / Fears City will be left exposed

Report of the decisions taken at the European Council, Brussels, 8-9 December 2011 from the perspective of the United Kingdom.

UK Prime Minister David Cameron wielded a British veto to split the European Union along separate paths after failing to secure 'safeguards' for the City of London that he demanded as the price of Britain approving a new treaty for the entire 27 member bloc.

In a historic all-night Brussels summit that could mark a fork in the road for Britain’s engagement with the EU, the prime minister refused to share Brussels institutions with the 23 states adopting a new inter-governmental treaty, arguing it was 'not the right thing for Britain.

United Kingdom: 10 Downing St: News, 9.12.11: PM reaction following EU talks in Brussels http://www.number10.gov.uk/news/pm-reaction-following-eu-talks-in-brussels/

ESO: Background information: Eurozone countries sign-up to closer ties http://www.europeansources.info/record/eurozone-countries-sign-up-to-closer-ties/

BBC News, 9.12.11: Britain stays out of EU financial crisis deal http://www.bbc.co.uk/news/uk-16104275

Blog: Conservative Home, 9.12.11: After Europe says no to Britain's modest demands, Cameron says no to Europe http://conservativehome.blogs.com/thetorydiary/2011/12/after-europe-says-no-to-britains-modest-demands-cameron-says-no-to-europe.html

EUObserver, 9.12.11: UK left out as euro countries to make own treaty http://euobserver.com/843/114563

ESO: Background information: Bulldog’ Cameron risks having his bluff called http://www.europeansources.info/record/bulldog-cameron-risks-having-his-bluff-called/

Spiegel Online International, 9.12.11: European Politicians Slam British EU Veto http://www.spiegel.de/international/europe/0,1518,802823,00.html

Spiegel Online International, 9.12.11: The Man Who Said No to Europe http://www.spiegel.de/international/europe/0,1518,802854,00.html

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