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£556 million to Local Enterprise Partnerships in the North of England, £542 million to the Midlands and East of England, and £683 million to LEPs in the South West, South East and London.
I want departments to be incentivised to drive efficiencies. And I want the Treasury to be an enabler for good, effective spending across government.
The Prime Minister updated Prime Minister Michel on the process for the UK leaving the EU and reiterated that she intends to trigger Article 50 by the end of March next year. She confirmed that while we are leaving the EU we are not leaving Europe and want to maintain strong relationships with all member states as well as with the EU itself.
Using the assumption that government will invest between 1% and 1.2% of GDP every year from 2020 in economic infrastructure covered by the Commission.
And an economy which has confounded commentators at home and abroad with its strength and its resilience since the British people decided, exactly five months ago today, to leave the European Union and chart a new future for our country.
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