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Monetary policy has played an important role in supporting growth since the Referendum decision. But a credible fiscal policy remains essential for maintaining market confidence and restoring the economy to long term health.

The Government’s position is clear. This is a prerogative power and one that can be exercised by the Government, and we aim to prove that in the Supreme Court. Both Houses of Parliament legislated for the referendum, with cross-party support, and it was clear that it was for the people to decide whether to remain in the EU or leave it.

And from April we will introduce 100% business rates relief for a 5 year period on new fibre infrastructure, supporting further roll out of fibre to homes and businesses.

I will commit an additional £1.1 billion of investment in English local transport networks, where small investments can offer big wins;

IGas are planning to drill an exploratory borehole to explore the potential for gas production. They would like to drill a single vertical well down through the coal and shale layers to collect the rock samples for analysis.