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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.

And from April we will introduce 100% business rates relief for a 5 year period on new fibre infrastructure, supporting further roll out of fibre to homes and businesses.

The UK government’s decision to focus on infrastructure spending means that the Northern Ireland Executive’s budget will increase by more than £250 million through to 2020-2021, giving it greater spending power to boost productivity and promote growth in Northern Ireland.

Wales, like the rest of the UK, will benefit from the decisions set out in today’s Autumn Statement as the UK government builds an economy that works for all.

Economic infrastructure (transport, energy, flood defences, water, waste, and digital communications) is crucial for the economy and for people’s daily lives. The government has put infrastructure at the heart of its economic strategy and has set up the National Infrastructure Commission (NIC) to provide expert advice on the country’s strategic infrastructure needs and independent recommendations on how to meet them. At Spending Review 2015, the government announced it would increase transport spending by 50% to invest £61 billion in this Parliament. Including the additional investment provided by the NPIF, annual central government investment in economic infrastructure will increase by almost 60% from £14 billion in 2016-17 to £22 billion in 2020-21.13