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It is a piece of legislation which will stop the European Communities Act 1972 from applying in the UK on the day we leave the EU. This ‘Great Repeal Bill’ will end the authority of EU law and return power to the UK.

So today we stand on the side of the millions of hardworking people in our country by cancelling the fuel duty rise for the seventh successive year.

Insurance Premium Tax (IPT) will increase from 10% to 12%. IPT is a tax on insurers and it is up to them whether and how to pass on costs to customers.

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 means following the spring 2017 Budget and Finance Bill, Budgets will be delivered in the autumn, with the first one taking place in autumn 2017.