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We are carrying out a programme of sectoral and regulatory analysis, which will identify the key factors for British businesses and the labour force that will affect our negotiations with the EU. This will help inform our negotiating position and build a detailed understanding of how withdrawing from the EU will affect our domestic policies, to seize the opportunities and ensure a smooth process of exit.

That reflects the challenge we face of resolving how best to protect the recovery, build on the economy’s strengths, yet at the same time respond appropriately to the warnings of a more difficult period ahead.

Northern Ireland will benefit from over £250 million infrastructure capital funding which will enable the Executive to invest in key infrastructure projects to support future growth.

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.

The new rate will increase pay for typical minimum wage workers (26 hours) by nearly £300 per year rising to nearly £600 for full-time minimum wage workers. An increase of 4.2 per cent is, after the introduction of the National Living Wage in April, the largest increase in the main rate of the minimum wage since 2006.