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Insurance premium tax in this country is lower than in many other European countries, and half the rate of VAT.

My Right Honourable Friend, the Transport Secretary will set out more details of specific projects and priorities over the coming weeks.

On counter-terrorism, they agreed that police and the security services should continue to work closely together to ensure the safety of both UK and Belgian nationals. They stated that this was a good example of the strong connection between our 2 countries.

A consultation before Christmas will look at ways to tackle pensions scams, including banning businesses from cold calling someone about their pension. This includes scammers targeting people who inadvertently ‘opt-in’ to receiving third party communications.

Economic infrastructure (transport, energy, flood defences, water, waste, and digital communications) is crucial for the economy and for people’s daily lives. The government has put infrastructure at the heart of its economic strategy and has set up the National Infrastructure Commission (NIC) to provide expert advice on the country’s strategic infrastructure needs and independent recommendations on how to meet them. At Spending Review 2015, the government announced it would increase transport spending by 50% to invest £61 billion in this Parliament. Including the additional investment provided by the NPIF, annual central government investment in economic infrastructure will increase by almost 60% from £14 billion in 2016-17 to £22 billion in 2020-21.13