Thank you, Llywydd. And, generally, the Finance Committee was content with the proposals, and noted that the allocations in this supplementary budget were relatively small. However, the committee welcomed the opportunity to discuss the changes with the Cabinet Secretary, particularly his commitment to continuing to use the supplementary budget process.

In terms of the social care, health, well-being and sport portfolio, the committee considered the two revenue allocations that had been made from reserves, namely £20 million for social care funding, and £7.2 million for the immigration health surcharge, as we’ve just heard. In relation to the £20 million, we note that transfers out of the social spending programme area to elsewhere in the MEG means that the overall increase is actually £18.7, because of changes to other parts of the MEG. However, having said that, we were pleased to see that the funding is being allocated to social services, and is being distributed to local authorities according to their needs, and I think my colleague Mike Hedges will have a little more to say about that.

In terms of borrowing, the committee is interested in decisions that have been taken to reclassify, for example debt guarantees and housing association debt, and how this may impact on the prioritisation of capital spending and borrowing plans going forward. We will consider this as part of the draft budget scrutiny in the autumn. We also had an opportunity to briefly consider the implications of the budget arising from the decision not to proceed to support the Circuit of Wales. The Cabinet Secretary assured us that no other projects face the same restrictions regarding off and on-book accounting. There is certainly more scrutiny to be done on the implications of this decision as the Assembly examines the draft budget, but it is an example of how beneficial it is to have a supplementary budget and to scrutinise the budget process with the Cabinet Secretary.

The economy and infrastructure MEG shows an additional allocation for Wi-Fi provision on trains and in stations. We urge the Welsh Government—and this is the only recommendations of the committee—to ensure that any future train franchise is contracted tightly to ensure that it’s the responsibility of the contracting company to reinvest profit to fund improvements.

In relation to the health board funding, the aggregate position for all local health boards for the three-year period up until 2016-17 was a net overspend of £253 million, which is almost £0.25 billion, of course. We note that the Welsh Government is continuing to provide cash support to meet the financial demands of the LHBs and repayment is yet to be agreed. We remain concerned about health board overspends and the impact of the NHS finance Act is something that is currently of interest to many Assembly committees. So, as Chair, I will be liaising with the Chairs of those committees in order to ensure that the issue is properly considered going forward.