Well, Dirprwy Lywydd, I am keen to provide local authorities in Wales with a general power of competence. It was included in the draft Bill published during the last Assembly term and was widely welcomed by local authorities. It is one of the reasons why I’m keen to press ahead with local government reforms so we can bring a Bill in front of this Assembly that will provide local authorities in Wales with exactly that ability. I think they will want to look carefully at some of the ways in which those powers have been used across our border. I think that there are some positive lessons that can be learned from things that local authorities there may have been able to do. Some of the more speculative investments that have been made, of the sort that Mr Bennett outlined, are giving rise to some concerns in some parts of England about whether taxpayers’ money has been reliably invested and whether it will give local taxpayers a proper return. Sometimes it’s lucky to be going second in something because you are able to gain from the experience of those who’ve gone first. This is an area where I think Welsh local government will be able to reflect on the experience across our border, use the new power we are keen to give them where they can do it to advantage, but maybe not to be drawn into some areas of activity where proper returns and the levels of probity that we would expect may not be so easy to guarantee.