I don't think the Member can expect to cite those instances and say that they are actual evidence. We are a couple of weeks into the new tax regime, and I don't think he or anybody else could produce a single decision where a company could say, 'We've decided not to come to Wales because of the 6 per cent rate.' He's able to produce those large percentage figures because he's got low numbers, and the low numbers show that the actual impact from that 1 per cent is a good deal more modest than he's suggesting.

I stand by the thinking that lay behind the decision I made and brought to the floor of this Assembly, that the rate will not deter people from coming here to Wales and that the impact of lowering taxes for the 90 per cent of commercial property transactions in Wales, so they're the lowest in the United Kingdom, will have a much larger stimulative effect on business in Wales than the aspect that he complains of.

However, any sensible person must be open to the actual evidence and there are different views of how this may affect the market, and now over the coming months we will find out whether there is such an impact, and if there is and there is real evidence, then I just repeat what I've said, Llywydd, then of course anybody would take that into account as these decisions come up for review.