Well, Llywydd, I'll do my best to answer some of those questions. I'm afraid it wasn't the Member's finest hour—that contribution. He's completely wrong in relation to the shared prosperity fund. We couldn't possibly wait for it: we have no timetable for it, we have no details about it. I do not for a moment believe that we have received sufficient assurances that it will respect the devolution settlement. My fear remains that his Government's idea of a shared prosperity fund is to take money that comes to Wales today and to share it out to other parts of the United Kingdom. I await to see what happens, and I look forward to discussing this with the Chief Secretary to the Treasury tomorrow.  

He is quite wrong, of course, in relation to the impact of European funds here in Wales: they have allowed us to do so many things that have been to the benefit of Welsh communities. And his Government's stewardship of the UK economy, far from being the reason why jobs and economic inactivity are moving in the right direction in Wales, if you look at their record elsewhere, had we remained in the European Union, three new English regions would now have qualified for European assistance as a result of his Government's stewardship of the United Kingdom economy as a whole. 

As far as the regional investment group is concerned, it will draw on those individuals in businesses, in local authorities, in those parts of the Welsh economy, which regularly Members of his party urge us to make sure that we hear their voices and act on their advice. This is far from being a parallel universe: this will be an opportunity for people beyond the Assembly, who have relevant experience and expertise, to make sure that the things that we do in the Welsh Government are informed by their direct, everyday experience of making the Welsh economy a success, and I look forward to receiving their advice. 

I'll ignore, for the moment, Llywydd, the shameful remarks that the Member made about the local government settlement. He knows perfectly well—