I'm not entirely satisfied that we're making any great deal of progress as yet from that answer, regarding it as work in progress. But the auditor general's recommendations concerning Welsh Government risk management are also important. He says that

'the Welsh Government’s Sectors and Business Team only assesses risk for individual projects in isolation and does not have a defined risk appetite across its programme of providing financial support to businesses.' 

That's a broad point about the whole structure or the theoretical basis on which the Welsh Government's financial support for business is based. I've looked through the Assembly's Record of Proceedings and the Welsh Government website, and there's very little there to confirm what the approach is to risk management and risk appetite. So, what exactly is the Minister doing within Welsh Government to ensure that there is a clear and robust approach to Welsh Government financial support? Because we're dealing with significant sums of money here, which, of course, if they're put at risk, means that we can't spend them on other worthwhile things.