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Looking ahead, the cash figure for 2020 is inevitably very uncertain. However, using October 2016 data, we estimate 60 per cent of median earnings will be £8.61, within a range of £8.50 to £8.73. This is down from £9.16 in the spring’.

And the key judgement we make today is that our hard-won credibility on public spending means we can fund this commitment, in the short-term, from additional borrowing.

Key elements of the construction work include moving the carriageway 7 metres north west of the existing alignment and raising it by up to almost 2 metres in places. An innovative ‘infiltration’ system will also be constructed – using a 1.2 metre diameter drainage pipe to help store rain water before slowly releasing it away.

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.

IGas are planning to drill an exploratory borehole to explore the potential for gas production. They would like to drill a single vertical well down through the coal and shale layers to collect the rock samples for analysis.