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As well as taking millions of ordinary people out of tax, the government introduced the National Living Wage and gave a pay rise to over a million workers.

Following detailed consultation, I can confirm that we will implement our new restriction on tax relief for corporate interest expenses, and reform the way that relief is provided for historic losses.

Scotland, 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.

Environment Agency teams are continuing to work hard to reduce flood risk by putting up temporary barriers, operating flood gates and using pumps. Teams are out on the ground monitoring river levels, checking and maintaining flood defences and clearing blockages in watercourses.

And I will also increase the Rural Rate Relief to 100%, giving small businesses in rural areas a tax break worth up to £2,900 per year.