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The decision follows a rigorous assessment of the IGas proposals and detailed consideration of all comments submitted during two rounds of public consultations.

The fund will be used for projects such as roads and water connections that will support the construction of up to 100,000 new homes in the areas where they are needed most.

These measures, scored at Budget 2016, will help to ensure large businesses will always pay tax in years where they make substantial profits.

Finally they discussed the importance of adapting to emerging threats and the way in which the UK could contribute to increasing cyber capabilities among NATO allies.

There are different aspects to the Customs Union which is why it is important to look at the detail and get the answer right.