Diolch, Llywydd. Finance Minister, you describe the increase in the Public Works Loan Board interest rates as a retrograde move. In doing that, were you reflecting the Treasury's press release, saying that, by increasing the margin that applies to new loans by 100 basis points, it was restoring interest rates to levels available in 2018? And would you agree with my assessment that the Treasury is looking to rein in quite a large number of local councils? Some I'm aware of on the English side of the border, who've been building very substantial commercial property portfolios, sometimes beyond their council areas, sometimes paying really very substantial sums for retail properties that have been out of favour in the commercial market. And one example: Spelthorne Borough Council borrowed £405 million from the Public Works Loan Board, which was to buy BP's global research centre. And may this reflect the greater degree of austerity that English local authorities have generally seen? For instance, in Spelthorne, its overall budget is only £22 million, yet this £405 million is a vast multiple of that, and they're expecting, I think, this year, to get £10 million of their £22 million budget from net profits on their property portfolio. Is that something that the Treasury have taken action against and have we in Wales been caught up in that?