I think it stands to reason, with £10 million available to assist small businesses, that this Government will help, wherever possible, with the challenge that some small businesses face due to revaluation. We will continue to do that and we will assess any means of assisting those businesses that are hardest hit. But revaluation is not a tax-raising measure, and I think the Member himself would recognise that it simply redistributes the rates payable between properties based on their relative values at the time of revaluation. That said, £10 million is being made available for a relief scheme, and we will look at any other way that we possibly can to assist those businesses that, as I say, are hardest hit.

Another important element of our support, of course, is enterprise zones, and that features in this debate, and a number of Members have spoken about enterprise zones and the potential to create a single enterprise zone for the whole of Wales. As Neil Hamilton identified, scale is an important consideration. The larger the scale of an enterprise zone, the greater the budgetary and deliverability implications, and the greater the risk that any added focus is diluted to the detriment of overall impact, unless there is significantly more financial resource available. Whilst existing zones are spread across Wales, the specific geographic footprint of each enterprise zone allows us to focus and target activity in a practical way. That said, I am keen to examine objectively all of our interventions as part of the work being undertaken on the prosperous and secure strategy for Wales. Of course, I will consider change wherever necessary.

Adam Price spoke about the potential development of a hallmark for Welsh products—a buy local hallmark. It’s a very interesting idea. I recall when I was a member of the enterprise committee, under the chairmanship of Nick Ramsay, I think I proposed a similar idea of a Welsh wheel that would not only capture, on food and drink products, sugar, fat, calorific content and salt, but also environmental impact, which, of course, would be heavily influenced by whether a product is derived, produced and packaged within the UK.

Simon Thomas raised the town of Narberth, which I recall was visited by the former enterprise committee. I think the only other Member in the Chamber—. Ah, David Rees was with us on that occasion as well, with Nick Ramsay. We learnt a lot on that expedition. We learnt that scale is important. The larger the town centre, the more difficult it can be to adjust to modern shopping practices. One problem we know that many high streets face is that, with bank closures and so forth, and shop closures, sometimes you can have, in a high street, a post office at one end, you can have a pharmacy at another, and you can have vacant shops in between. It doesn’t make for a desirable shopping environment. The key to Narberth’s success is that it’s contained in an area whereby there are no vacant premises, or very few vacant premises, but it’s easily accessible, and it’s easy to navigate around. I think Bethan Jenkins made the very important point that quality of place is essential to the success of a town centre and high street. Again, this is something that was very clear in the visit to Narberth.

As highlighted in the short debate a couple of weeks ago, microbusinesses and small and medium-sized enterprises are the backbone of local economies the length and breadth of this country, and they provide a vital role in creating jobs, and in increasing productivity and driving growth right across Wales. That’s why we will always ensure that the interests of small and medium-sized businesses are given due weight in the work of the national infrastructure commission and the development bank of Wales.

I’m also taking the opportunity to take a fresh look at what our economic priorities should be in this fifth Assembly term. I started the process by calling on people, businesses, trade unions and organisations across Wales to feed in their views. There is a remarkable consensus around the importance of skills, of infrastructure, and the influence of wider levers like procurement and planning. These priorities will feed into the four cross-cutting strategies that will set the framework for this term of government. I think we can all agree—and it’s been shown today by all Members’ contributions—that we have to use all tools available to us to provide support to town centres and high streets across Wales to help stimulate local economies.