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On non-EU migration we have already acted to clamp down on abuses, such as bogus colleges and sham marriages, and we will go further in the months ahead. And now that we are leaving the EU we have an opportunity to gain control on the numbers of people coming here from Europe.

With a new £2.3 billion Housing Infrastructure Fund to deliver infrastructure for up to 100,000 new homes in areas of high demand.

£102 million will go to more than 100 projects supporting armed forces personnel, their families and veterans; emergency service personnel; children’s hospitals, air ambulances and emergency responders; and museums and memorials, over the next 4 years.

This is a tax cut worth £850 million next year, and means the current fuel duty freeze is the longest for 40 years. Mr Speaker, I have one further announcement to make.

We were also asked to provide an indicative rate for the National Living Wage from April 2018. This is inevitably uncertain because pay forecasts are likely to change, but using those available in October we project that the on-course rate will lie in a range of £7.80-£7.91. Using its forecasts published today, the OBR estimates a figure of £7.90. For 2020, the LPC’s projected rate for 60 per cent of median earnings is £8.61, within a range of £8.50 to £8.73. Using its forecasts published today, the OBR estimates a slightly higher figure, of £8.80.