GOV.UK Lorem

Where a reason to reject is found under ‘stage 2’ the claim will be checked for a further 5 minutes or until 2 more reject reasons are found.

The government has cut borrowing by nearly two-thirds since 2010, but will no longer aim for a budget surplus (where more tax is raised than is spent) by 2019.

I can announce today a new National Productivity Investment Fund of £23 billion to be spent on innovation and infrastructure over the next five years.

But we recognise that more needs to be done to help families make ends meet and to ensure every household has opportunities to prosper.

I therefore call upon all our stakeholders, particularly SMEs, to engage in the consultation over the next 6 weeks to help us to refine our policy to not only deliver the best equipment for defence at the best value for the tax payer, but to support an innovative, prosperous and internationally competitive defence industry.