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And from April 2017, the government will also provide a new 100% business rates relief for new full-fibre infrastructure for a 5 year period.

And finally, £390 million to build on our competitive advantage in low emission vehicles and the development of connected autonomous vehicles; plus a 100% first year capital allowance for the installation of electric vehicle charging infrastructure.

And from that village in Kenya, you can extrapolate and see the risk that this issue poses to international peace and security. Scarcity of water affects food and energy production, damaging economic growth. It increases local tensions, causing conflicts over access to water within states as well as within regions. And as demand increases, it is possible that such conflicts will broaden to include member states themselves or even lead to the targeting of water infrastructure. So I fully endorse the remarks that the briefers made about respecting international humanitarian law and about the importance of protecting water infrastructure. I also like the idea that we heard earlier about water related ceasefires in conflicts.

This Autumn Statement responds to the challenge of building on that strength, while also heeding the warnings in the OBR’s figures, as we begin writing this new chapter in our country’s history.

The Prime Minister has made clear the Government’s intention to trigger Article 50 no later than the end of March 2017. It is in everyone’s interest that we take time to establish a UK approach and clear objectives for negotiations.