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Clear signage at the mooring sites sets out the conditions of their use. The only change to the existing conditions under the pilot scheme is that users must register their arrival with Thames Visitor Moorings, online or by phone, rather than with the local lock keeper. All other existing conditions and charges remain the same. At most sites, mooring for up to one day is free, all or part of a second or third day is £5 for each day, the daily rate from then on is £100.

I can announce today a new National Productivity Investment Fund of £23 billion to be spent on innovation and infrastructure over the next five years.

I have raised with the Israeli Ambassador the concerns expressed in the House of Commons about plans to demolish the Bedouin village of Umm al-Hiran in the Negev. Demolition orders delivered to residents had stated that initial demolitions would occur on 22 November. Although the demolition did not happen yesterday, the threat remains.

Boaters will be able to register their arrival (a condition of use) online or by phone at any time of day, and pay any fees using a debit or credit card, or through Paypal. At present, they must register their arrival with the duty lock keeper, who can also take cash payments for any fees due. This can cause problems however if the lock keeper is off-duty, working off-site, busy with other duties, or if the boater doesn’t have any cash to hand.

About half of our economic infrastructure is financed by the private sector, and we will continue to support that investment through the UK Guarantees Scheme, which I am today extending until at least 2026.