We recognise the need to enhance public infrastructure across all regions of the UK. That is why at autumn statement 2016 we committed additional capital to fund new productivity-enhancing economic infrastructure through the national productivity investment fund. We are committed to putting local and regional needs at the heart of the fund. For example, we are spending £1.1 billion on local projects to improve our existing transport networks.

At the Autumn Statement 2016, the British Business Bank was provided with £400m of additional funding to unlock up to £1 billion of new investment in innovative firms planning to scale up.

This will primarily be achieved by broadening the mandate of Bank’s Venture Capital Catalyst programme. The programme is able to invest across a wide range of sectors, including businesses which specialise in video, mobile game development, artificial intelligence, data analytics and virtual reality.

The government is committed to supporting innovative businesses and research across all sectors, and supporting technologies where the UK has a strong scientific and commercial advantage.

At the Autumn Statement, the government announced a significant increase in public R&D spending, rising to an extra £2 billion a year by 2020-21. This will include an Industrial Strategy Challenge Fund, which will support collaborations between businesses and the UK’s world-leading science base.

Although there are limits to what Governments can do when there is a global downturn in commodity prices, we have implemented a number of measures over the past two years. We made a crisis payment to farmers at the end of last year, we have extended tax averaging to make it easier to offset tax from good years, and we have supported intervention and private storage schemes. Looking to the future, we are working with industry to develop risk management tools such as futures markets, supporting new producer organisations, and opening new export markets.

Higher education has a key role to play in industrial strategy. A high productivity, high wage economy that works for all depends on our workforce having access to the skills they need.

We will be seeking views on Industrial Strategy, including from Higher education stakeholders, through a discussion paper to be published shortly.

Higher education has a key role to play in industrial strategy. A high productivity, high wage economy that works for all depends on our workforce having access to the skills they need.

We will be seeking views on Industrial Strategy, including from Higher education stakeholders, through a discussion paper to be published shortly.

We are developing an Industrial Strategy that will embrace the opportunities of our new global role and upgrade our economy so it works for everyone. We intend to work with the breadth of British industry, local leaders, innovators, employees and consumers to deliver a successful strategy and create the conditions for future success. We will seek views on our plans in a discussion paper in the coming weeks.

A Contingency Plan for England and Wales and a Pest Risk Assessment (PRA) have been published for the small hive beetle. Elements of the Contingency Plan were tested during 2016 with the completion of two field exercises in England. Such exercises have been carried out annually since 2005 on a four year rolling regional cycle ensuring that all National Bee Unit field inspectors and support staff are trained in Contingency Planning and Operational Preparedness.

Since the first detection in Italy in September 2014 UK bee inspectors have enhanced our inspection services and surveillance by:

• tracing and checking past imports of bees from Italy;
• increasing inspections of high-risk apiaries near ports and airports;
• doubling the number of targeted exotic pest inspections carried out per year;
• providing training and guidance materials on pest recognition to inspectors responsible for checking UK imports of plants and plant products (e.g. Plant Health and Seeds Inspectors and Horticulture Marketing Inspectors – as these products could provide a route by which the beetle is introduced); and
• working with beekeeper associations, government agencies and importer trade associations (e.g. Fresh Produce Consortium) to raise awareness amongst beekeepers, plant produce importers and growers who use managed bees for pollination services.

I visited Riyadh on 13 October and met with Saudi Foreign Minister Al Jubeir to discuss the airstrike on a funeral hall and efforts to revive the stalled political process in Yemen. I welcome the release of the report by the Coalition’s Joint Incidents Assessment Team into the incident. This will be used to contribute to our overall view on the approach and attitude of Saudi Arabia to international humanitarian law.

I continue to promote the midlands engine, which could add an extra £34 billion to the local economy by 2030 and create 300,000 new jobs. I am pleased that Sir John Peace has been appointed chair of Midlands Connect to drive productivity and growth across the whole of the midlands region.

It is important to begin by acknowledging that, thanks largely to my hon. Friend’s efforts, the social value Act came into force in January 2013. He can be proud that the Act has unlocked a range of public benefits from the procurement of goods and services. Lord Young reviewed progress in 2014 and reported in 2015. His findings inform our current work to quicken the pace of implementation. As part of that work, we will publish a paper this summer that will give examples of how central Government are driving forward the social value Act and what further actions we will take.

Current estimates suggest that almost 90% of premises in the Warwick and Leamington constituency are subject to commercial rollout, and a further 5% of premises (2,369) now have coverage as a result of the Government's Superfast Broadband programme.

Based on DCMS modelled estimates and current delivery plans, 96% of premises in the Warwick and Leamington constituency will have access to superfast broadband by December 2017. Early gainshare funding that BT will return in response to the high levels of take-up being achieved, could help extend coverage further.