To be fair to the Cabinet Secretary, you're right, it is early days, I fully accept that, and we must obviously look at evidence. We'd want an evidence-based approach to this, and I also would accept that I've identified and spoken at length about one tax, but that is just one tax of an overall package, and in the economy there are different levers, and this may well just be one aspect of it. However, that one aspect cannot be ruled out when you're dealing with situations on the margins of an economy. That can make a difference. I'm pleased actually that you have left the door open on potentially altering the stamp duty regime—the LTT regime, I should say—in future, if that evidence does produce a problem.

Cabinet Secretary, I have no doubt at all that you want to be business friendly, that your Welsh Government does want to be business friendly, I've no doubt at all that your intention is to be business friendly, because only a madman would not want that. However, I would say that when you look at the evidence we have to date, businesses are concerned. So, can you tell us, if you look at the multiplier rates in Wales, for instance, compared with other parts of the UK, that's markedly higher. That does make a difference in terms of the business rates. Can you tell us what interaction you have had so far, albeit a short time, but what interaction have you had so far with businesses, and have any businesses expressed real concerns that they will not invest in Wales because of these changes?