Diolch yn fawr, Llywydd. I've been looking at the Minister's list of responsibilities and they include, amongst many other things, strategic direction and management of Welsh Government resources, strategic investment, financial accounting and audit, and value for money and effectiveness.

The Wales Audit Office has recently published a report called 'Welsh Government Financial Support for Business' and I'd like to ask a few questions arising out of that. The principal criticism that the Auditor General for Wales had in that report was that

'The Welsh Government did not fully translate its vision for economic renewal into a co-ordinated programme of financial support to businesses', and that the Government

'has monitored individual projects separately but has not managed financial

support to businesses as a programme'.

We've seen a number of fiascos, which are listed in the report, including: the well-known one of Griffin Place Communications, the £600,000 set-up grant for 127 jobs, which was all lost; Oysterworld, a computer game developer, which had £1.5 million altogether; Mainport Engineering, a fabrication engineering company; and Kancoat, of course—another well-known case—a metal-coil-coating production line. These are very, very diverse grants and loans that have been given. I wonder if the Minister can tell me what steps she's taken and what discussions she might have had in Government since that report was published a few months ago, to ensure that any future support for businesses by Welsh Government isn't a piecemeal ragbag of grants, but a co-ordinated programme with clear vision and proper control.