British PM, Cameron

BBC

Prime Minister David Cameron has promised greater "co-operation" between Britain and France after meeting President Francois Hollande.

After talks in Downing Street, he said they agreed that the European Union's budget should not be allowed to expand to "unacceptable" levels, reports the BBC.

Cameron added that he backed moves to establish a banking union among the nations in the eurozone.

Hollande said he and Cameron agreed on major issues.

It is Hollande's first visit to London since his election in May.

The Downing Street discussions focused on the eurozone debt crisis, Anglo-French relations and foreign policy, including the situations in Syria and Iran.

Hollande visited the UK earlier this year when he was socialist candidate for the French presidency, during which he met Labour leader Ed Miliband.

The prime minister was accused by Labour of snubbing Hollande by declining to meet him at the time.

Hollande will pay another visit on July 30, when the London Olympics are under way.