Part of 1. Questions to the Cabinet Secretary for Economy and Transport – in the Senedd at 2:08 pm on 2 May 2018.
Thank you. I wonder if you could update me, please, on whether Welsh Government will be agreeing a capitalisation order, sought by some of the councils on the shadow board. I'm trying to understand, should it go ahead, whether there'd be any adverse effect on existing capital spending plans upon which businesses will have been basing their participation in the deal as direct partners or as pipeline businesses. There's a little bit of nervousness in some quarters, which I hope you might be able to quell today. Obviously, I'm not arguing against the order, but perhaps you can tell us whether the Welsh Government has received a range of representations on this issue from business in particular, obviously, as this is your portfolio. And will you seek reassurances that any unintended negative consequences will have been considered?