Llywydd, Nick Ramsay makes a number of important points. I don't think the banks are in any doubt about the strength of feeling that their actions engender in local communities and on behalf of people who represent those communities. Their answer to you would be that they are commercial organisations and they are acting commercially. Our answer, in return, has to be that even commercial organisations have certain obligations to the communities that they serve, because their ability to be successful commercial organisations depends, very often, on the public infrastructure that surrounds them and allows them to do business.

So, I agree with him about the need to make sure that there is no ambiguity in the messages that we give to the retail banking sector about those obligations. I agree with other contributors this afternoon that more could be done to place a statutory framework around that in terms of consultation and in terms of replacement services. The Welsh Government plays its part in that, albeit always having to recognise that most of these responsibilities are ones that do not lie in our hands.

In relation to the first point that Nick Ramsay made about an accessible service from the Development Bank of Wales, that is exactly what our ambition would be. The best way to achieve that is something that we will want to continue to work on, but the principle of making sure that the Development Bank of Wales will be readily accessible to those who will want to use it is one with which we would have no disagreement.