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My Right Honourable Friend, the Transport Secretary will set out more details of specific projects and priorities over the coming weeks.

So today I can confirm the additional investment in R&D, rising to an extra £2 billion per year by 20-21, announced by my Right Honourable Friend, the Prime Minister on Monday.

Monetary policy has played an important role in supporting growth since the Referendum decision. But a credible fiscal policy remains essential for maintaining market confidence and restoring the economy to long term health.

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.