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The apprenticeship support and knowledge for schools (ASK) project will deliver apprenticeship and traineeship information to young people in years 10, 11, 12 and 13. This will ensure young people are aware of all the options available to them.

I am funding Charlie Mayfield’s business-led initiative to boost management skills across British businesses; and I am taking a first step to tackle the longstanding problem of our fastest growing technology firms being snapped up by bigger companies, rather than growing to scale.

The OBR forecasts that debt will rise from 84.2% of GDP last year to 87.3% this year, peaking at 90.2% in 2017-18 as the Bank of England’s monetary policy interventions approach their full effect.

The adjusted level reflects the fact that pay growth and forecasts have been weaker than expected and a relative target automatically moves in line with them. A material worsening in economic performance and prospects would lead us next year to consider whether to recommend slower increases than needed to stay on a straight line path.

Through its democratic credentials, open economy and progressive human rights, Georgia is playing a vital role in the stability and security of the wider region. Georgia’s progression towards Euro-Atlantic integration, both through NATO and the EU, will only serve to build on the progress already made.