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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.

The Prime Minister updated Prime Minister Michel on the process for the UK leaving the EU and reiterated that she intends to trigger Article 50 by the end of March next year. She confirmed that while we are leaving the EU we are not leaving Europe and want to maintain strong relationships with all member states as well as with the EU itself.

The OBR forecasts that debt will rise from 84.2% of GDP last year to 87.3% this year, peaking at 90.2% in 2017-18 as the Bank of England’s monetary policy interventions approach their full effect.

We are committed to supporting Georgia as it seeks to strengthen democratic institutions, undertake important reforms, and further protect human rights and media freedom. That is why we are continuing our Good Governance Fund, which will provide up to £4.5million over the next year to help these reforms.

But sadly, we’re in need of more examples of best practice. The statistics speak for themselves. Unless we take action, in less than 10 years time, up to two and a half billion people – that’s a third of today’s global population - could be vulnerable to water insecurity. Unless we take action, by 2030 – the year that we’re supposed to have achieved the Global Goals, including SDG 6 on water and sanitation – then global demand for freshwater will outstrip supply by 40%.