Pound insurance

For the first time, the pound is protected as the EU has agreed there is more than one currency and responsibility for securing the financial stability of the UK is in British hands.

British taxpayers will never be made to bail out countries in the eurozone. British businesses cannot discriminated against because they are outside the eurozone. The latter can’t act as a block to undermine the single market.

On competitiveness, it will be easier for services industries to compete in the EU and for businesses to access capital. The EU has said it will establish trade deals with other blocs.

On migration, there will be powers to stop criminals coming to the UK and to deport them if they commit crime.

On benefits, anyone coming to the UK from the EU who does not find work within six months can be required to leave. There will be an emergency brake that allows the UK to stop paying in-work benefits for seven years. EU migrants working in Britain can no longer send child benefit home at UK rates.

On protections against further union, treaties will be changed so that closer integration will not apply to Britain.

out of ‘ever closer union’, never part of a European superstate,” he said.

“I believe that this is enough for me to recommendthat theUnitedKingdom remains in the European Union.”

After finally securing the backing of the other 27 EU leaders for his plan, Mr Cameronwasheadingback to London to brief senior

Michael Gove: ‘Brexit’