Louise Haigh: “He has been thinking about this, and certainly planning for this, for this moment, for at least the last year.”

We cannot afford to wait any longer before we change the system we inherited.

These new rules will ensure the £90 billion that is spent each year through government contracts supports British jobs, skills and people in every postcode.

Every pound of taxpayer money should be spent in a way that benefits local communities — creating good jobs and giving young people the skills they need for the future.

The days of Westminster hoarding power are over.