GOV.UK Lorem

I can confirm today that having consulted further, my Right Honourable Friend, the Communities Secretary will lower the transitional relief cap from 45% next year to 43%, and from 50% to 32% the year after.

Mr President, this is a problem not just for tomorrow, but for today. Every year water insecurity costs the global economy $500 billion. That’s 500 billion lost to inadequate water and sanitation, lost to urban flood damage, lost to agriculture wastage through droughts and floods.

Since 2010, the Office for Budget Responsibility has provided an independent economic and fiscal forecast, to which the government must respond.

Additionally, the government will meet its manifesto commitment to increase the personal allowance to £12,500. Over the last Parliament, 1.2 million individuals in Wales saw an average gain of £521, due to an increase to the personal allowance

Mr Speaker, I said that the tax system must be fair and that means rewarding those who work hard by helping them to keep more of what they earn.