I thank you for that response, Minister. The reason I posed this question is to acknowledge co-operatives as a dynamic, thriving sector of the Welsh economy. Not only are there many individual co-operatives doing well, the sector as a whole is outperforming other types of businesses. Eight of Wales's co-operatives are in the top 100, by turnover, of UK co-operatives. These eight alone have a turnover of more than £165 million.

With the decline of our high streets and town centres, is it not now time to look at promoting co-operatives where there are gaps in a town's retail make-up? The Brexit Party believes the Welsh Government should give financial and administrative support for such initiatives, perhaps even encouraging the Development Bank of Wales and Business Wales to put in place specific departments to deal with co-operative set-ups. There could also be the possibility of aligning co-operatives with credit union organisations.