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Former deputy PM Nick Clegg, now the Liberal Democrats' EU spokesman, reponds to the Institute for Government's report, which claims Brexit preparations could cost £65m per year.

"The public was told Brexit would bring millions of pounds to the NHS but instead we see millions of pounds being wasted in Whitehall," he said.

Liam Fox has said that the creation of two new government departments since the EU referendum shows that the UK government is prioritising free trade.

His own Department for International Trade and the Department for Exiting the EU will work on Brexit alongside the Foreign Office.

However, charity the Institute for Government, in a report, external on government and civil service preparations for Brexit, says: "Turf wars between ministers have wasted valuable time and energy."

The organisation also believes that "the government will need an extra 500 new staff, costing up to £65 million a year, just to plan its approach to Brexit".

"We cannot, and we will not fail," says Liam Fox at the close of his speech.

The BBC's Kamal Ahmed asks him if he regrets characterising "business leaders" as "fat" and "lazy" or "too busy playing golf".

The cabinet minister replies: "The media do love splashes, even if they are not always the words we actually say."

The international trade secretary's remarks, at a recent Conservative Way Forward event, were recorded by the Times, external. He said:

The UK has played a role encouraging the EU single market to liberalise, Liam Fox says, and will "encourage this liberalisation" while still members of the EU - and after Brexit.

Mr Fox envisions the UK as "a newly independent WTO member outside the EU", which would have "a prime position to be a global leader in free trade".

"Those who believe that the referendum was a sign of Britain turning inwards have it completely, 100% wrong," he claims.

The Prime Minister has praised Metropolitan Police Commissioner Sir Bernard Hogan-Howe after he announced he was stepping down. As Home Secretary, Theresa May gave him the job in 2011. She said:

International Trade Secretary Liam Fox says the North American Free Trade Agreement (Nafta) is often criticised for costing manufacturing jobs in the United States.

However, Mr Fox claims "17m jobs were added to US economy" since the deal was signed.

Protectionism can be "a short-term vote winner", he says, but in the long run the consumer and "the poorest people in society" will lose out.

There has been "an acceleration of protectionist trends" since the financial crisis of 2008, he adds.

These terms are increasingly being used as debate focuses on the terms of the UK's departure from the EU. There is no strict definition of either, but they are used to refer to the closeness of the UK's relationship with the EU post-Brexit.

So at one extreme, "hard" Brexit could involve the UK refusing to compromise on issues like the free movement of people in order to maintain access to the EU single market. At the other end of the scale, a "soft" Brexit might follow a similar path to Norway, which is a member of the single market and has to accept the free movement of people as a result.

Ex-chancellor George Osborne and Labour leader Jeremy Corbyn are among those to have warned against pursuing a "hard" option, while some Eurosceptic Conservative MPs have put forward the opposite view.

Read: All you need to know about Brexit

"Free trade opens up new markets, which means millions of potential new customers," says Liam Fox.

He argues that opportunities lie "well beyond the prosperity and diversity we find in our own backyard".

The cabinet minister views free trade as "one of the most potent liberators of the world's poor", citing the growth of India's economy.

And he contrasts communist North and capitalist South Korea, saying there is a 10 year difference in life expectancy between the two.

Free trade's "future is being darkened by the shadow of protectionism", says Liam Fox.

He says he believes passionately in free trade and wants to to make the "intellectual" case for it.

The UK has "a golden opportunity" to forge a new place in the world, argues the international trade secretary, who campaigned for Brexit.

He says we are on the brink of a new age, which he calls the "post-geography trading world".

Liam Fox begins his speech with a tribute to the "revolutionary" ideas of Adam Smith.

The principles of free trade remain the same but the trading environment has changed completely, he says.

Radio 4 PM programme

The phrase 'hard Brexit' at the fore again today, but what does it actually mean? The BBC's Europe correspondent, Kevin Connolly explains. 

BBC News Channel

BBC political correspondent Glenn Campbell says International Trade Secretary Liam Fox has spoken of wanting Britain to be a great trading nation.

However, he has not set out "what sort of future relationship he would like to see [the UK] to have with the European Union".

Mr Fox is due to begin a speech on the UK's future trade shortly.

Victoria Derbyshire

Former Labour national executive member Johanna Baxter, joining Victoria Derbyshire following the Labour conference, calls on Jeremy Corbyn to do more to combat abuse in the party.

She says she had never spoken to the press until earlier this year, when she gave some emotional media interviews alleging she and colleagues had been subjected to abuse and intimidation ahead of a meeting of Labour's ruling body.

Mr Corbyn condemned abuse in his speech to the party conference on Wednesday. Ms Baxter says she recognises this but adds: "The problem is a lot of it is being done in his name."

She says: "There's a responsibility on him as leader to say: that is not done in my name, and actually to call some of the worst of it out."

People have to respect Mr Corbyn's "huge mandate" to lead Labour but there should not be an "uncritical" attitude to any party leader, Ms Baxter argues.