Mr Speaker. Mr Speaker. I'm acutely conscious of the fact that the House has other pressing matters on its mind today. Despite the slowing world economy the OBR expects Britain to continue to grow in every year of the forecast, at 1.2 per cent this year, with both the IMF and the OECD forecasting the UK to grow faster than Germany. Then 1.4 per cent in 2020 as forecast at the Budget and 1.6 per cent in each of the final three years.
Borrowing this year will be just 1.1 per cent of GDP - £3bn lower than forecast at the autumn Budget and a staggering £130bn lower than in the last year of the Labour government. Looking forward, borrowing will fall from £29.3bn in 2019-20, then £21.2bn, £17.6bn, £14.4bn, and finally £13.5bn in 23-24, its lowest level in 22 years.
Tonight, we have a choice. We can remove the threat of an imminent no-deal exit hanging over our economy. Tomorrow, we will have the opportunity to start to map out a way forward towards building a consensus across this House for a deal we can collectively support to exit the EU in an orderly way. To a future relationship that will allow Britain to flourish, protecting jobs and businesses.
A brighter future is within our grasp. Tonight, let's take a decisive step towards seizing it and building a Britain fit for the future. A Britain the next generation will be proud to call their home.
We will begin to abolish the need for paper landing cards at UK points of entry. And we will allow citizens of the USA, Australia, New Zealand, Canada, Japan, Singapore, and South Korea to start using e-gates at our airports and Eurostar terminals alongside the EEA nationals who can already use them.
And today, I can announce a new £3bn affordable homes guarantee scheme to support delivery of around 30,000 affordable homes. The launch next month of the £1bn Enable Build SME Guarantee Fund that I announced at Budget and £717m from the Housing Infrastructure Fund to unlock up to 37,000 new homes on sites in west London, Cheshire, Didcot, and Cambridge.
I have decided to fund the provision of free sanitary products in secondary schools and colleges in England from the next school year. So the prime minister and I have decided exceptionally to make available immediately to police forces in England an additional £100m over the course of the next year, to pay for additional overtime targeted specifically on knife crime and for new violent crime reduction units to deliver a wider cross-agency response to this epidemic.