Thank you. The OBR—and others, indeed—have identified that, in recent years, growth in income receipts has been significantly lower in Wales than across the UK, due in part to issues like the raising of the personal allowance threshold and the shifting of the burden higher up the income scale, with lower incomes forming a greater proportion of the Welsh tax base. It’s vital that forecasting is tailored to Welsh needs and I’m pleased with the answer that you’ve just given as to how you’re trying to achieve an independent view of Welsh tax needs and Welsh forecasting.

As I said before, it’s vital that we do have accurate forecasts. It’s vital that we don’t have a one-size-fits-all solution to that. In the absence of a Welsh fiscal commission, how do you plan to ensure the highest input of Welsh data and Welsh experience over the years to come into the process of forecasting, which is so vital in terms of the amount of money we receive in the block grant?