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David Cameron is meeting leaders from across northern Europe at a summit in Reykjavik where he is expected to try and negotiate a new deal over the UK's relations with the EU.

Andrew Neil got reaction from Conservative peer Martin Callanan, who used to be a member of the European Parliament, UKIP MP Douglas Carswell, and the businessman and crossbench Peer Karan Bilimoria, on Britain鈥檚 future political links with the EU.

Some think the UK could try and have a new trade deal with the EU, based on that currently enjoyed by Iceland, Norway and Switzerland.