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The main rate of corporation tax has already been cut from 28% in 2010 to 20%, and will be cut again to 17% by 2020, by far the lowest in the G20 and benefitting over 1 million businesses.

We are listening to as many organisations, companies and institutions as possible – from the large PLCs to small business, from the devolved administrations through to councils, local government and the major metropolitan bodies – to build a national consensus around our negotiating position. We are doing this through meetings, visits and a series of sector roundtables, led by the Secretary of State. You can read more about the work of each roundtable, as well as future roundtables and Ministerial visits here.

In Universal Credit, as a person’s income increases, their benefit payments are gradually reduced. The taper rate calculates the reduction in benefits as a person’s salary increases.

A firm foundation upon which my Rt Hon Friend the Business Secretary will work with industry to build our ambition of an economy that works for all.

I have raised with the Israeli Ambassador the concerns expressed in the House of Commons about plans to demolish the Bedouin village of Umm al-Hiran in the Negev. Demolition orders delivered to residents had stated that initial demolitions would occur on 22 November. Although the demolition did not happen yesterday, the threat remains.