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It is a privilege to report today on an economy which the IMF predicts will be the fastest growing major advanced economy in the world this year.

Our joint futures are underpinned by our research and development partnership. The UK India research relationship has never been so strong, rising from £1 million in 2009 to over £200 million today, and is growing exponentially. UK and Indian universities are doing more research together than they have ever done before with partner Institutions. New catapult centres and Knowledge transfer networks are bringing together top universities and private sector Institutions to achieve high-value real-world innovation. At the heart of that sits the Newton Bhabha Fund which brings together the UK and Indian scientific research and innovation sectors to find joint solutions to global challenges. The Newton Bhabha Fund is worth £10 million this year and will expand up to £104 million by 2021.

And that we are devolving to London the adult education budget, and giving London greater control over the delivery of employment support services for the hardest to help.

This means following the spring 2017 Budget and Finance Bill, Budgets will be delivered in the autumn, with the first one taking place in autumn 2017.

The section of the Autumn Statement relating to the National Infrastructure Commission can be found here. It is reproduced in full below.