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I’m confident the new arrangements will hugely improve the customer experience and compliance at our visitor moorings, and increase our revenue. It’s good news for boaters, and for us.

But they are also useful for providers to help you ensure you have made the necessary checks and enclosed the required documentation.

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.

A major increase in research and development funding for universities and businesses with R&D projects to help the UK remain an attractive place for businesses to invest in innovative research.

There has been no change to the rights and status of EU nationals in the UK, or of UK citizens in the EU, as a result of the referendum.