He also assured to pass new laws to stop small boats, making sure that if anyone comes to the United Kingdom illegally, he is detained and swiftly removed.

“These are the five foundations I know can build a better, more secure, more prosperous future that this country deserves,” Sunak said.

The prime minister was speaking on setting out his priorities for this year for building a better future for citizens.

"The government is increasing public funding in research and development (R&D) to £20 billion to enhance our world leading strengths in artificial intelligence, life sciences, quantum computing, financial services and green technology," he said.

It is seizing the opportunities of Brexit to ensure the UK regulatory system is agile and supports innovation, and making sure entrepreneurial and fast-growing companies get the finance they need to expand, he added.

Fibre2Fashion News Desk (DS)