Thank you, Minister. Can I thank you for your statement, and can I also thank you for your weekly meetings with opposition spokespeople? I think they're invaluable, because they allow us to raise issues directly with you, as well as being updated. So, that's greatly appreciated, Minister. Can I genuinely welcome your statement? I think that the financial assistance being provided by both the UK Government and the Welsh Government is very good to date. And also I think it's quite right what the First Minister said earlier today in that it's important that schemes complement each other from both Governments. 

The Chancellor announced his £250 million future fund for business start-ups and the tech sector, and I wonder how you are supporting businesses in Wales to attract funding from that particular scheme. I think it's also important to take into account the Enterprise Research Centre, which published some data I think in the last couple of days, showing that Wales could be the most significantly hardest hit, as a result of the coronavirus and restrictions brought into place, and they've provided some detail with that. But, clearly, I think you said yourself, Minister, we have a higher percentage of smaller businesses here in Wales, especially in rural Wales, so I think we need to be adapting accordingly. 

The economic resilience fund was very welcome. From my perspective, I was telling businesses 10 days or two weeks ago that were contacting me: 'Please, just wait. The economic resilience fund is going to fill those gaps that are left'. I appreciate that any Government can't fill all the gaps, but I was expecting more gaps to be filled than what is currently the case, as announced. But I very much hope that you are going to bring forward further schemes that will support those existing gaps that exist, and I'm particularly thinking of—and I'll go though a few of the gaps now— VAT, for example. Businesses that are not registered for VAT—these businesses are small business; most small businesses in Wales, or a large number of them, are not going to be registered for VAT—are currently excluded from the criteria. So, it would be good to have confirmation that, in the next phase of the scheme, those businesses are going to be serviced. I know that Paul Davies raised this with the First Minister earlier on, but the First Minister didn't give any detailed answer at that point. 

There's still the issue of those who are self-employed, sole traders who recently have become self-employed, and aren't able to produce accounts. And there's also the issue of those who haven't been able to put in tax returns yet or with an irregular turnover. I am particularly thinking of businesses that may invoice, so they had work in January, February, and invoices went out and they're now being paid in March and April, but they've currently got no work coming in. So, they aren't able to meet the criteria that's been set in the current EDF funding with regard to 40 per cent reduction loss in turnover or profit. 

Then, there are some issues around business rates that I hope you can address. I appreciate that this crosses over with your colleague, the finance Minister, but there are many businesses that are excluded, and it does seem to me that there needs to be some degree of tapering or accommodation for this. There are businesses, for example, with a rateable value of £12,500, that are excluded, whilst businesses with a rateable value of just a little bit less are receiving £10,000 in grant money, and there are businesses in the hospitality sector, for example, with a rateable value—. I know one with a £53,000 rating that's not able to receive any funding at all, whilst a business with just a rateable value of £49,000-odd would receive £25,000 grant funding. So, what degree of tapering might come forward in future Welsh Government initiatives of business rate relief?

On business rate relief as well, I'm very pleased that the Welsh Government got the money out to local authorities quickly, but there are some differences between local authorities in how they are delivering the funding direct to businesses, unfortunately. Some local authorities are doing well, such as Powys County Council in my own area, which got the money out very, very quickly. So, I very much commend that. But some local authorities are just not getting that money out, and other systems are far more bureaucratic.

The tourism sector—I know it's been mentioned earlier today. There's been a significant downturn in this particular sector, and I wonder what further Government support you can confirm that will come forward to support this particular sector. Obviously, very crucial. And also, businesses that have a seasonal turnover as well, especially some that need do demonstrate a loss in profit. Clearly, some won't be able to do that because of the seasonal nature.

Also, coming to the end, the recovery phase. If you could just confirm that the economic resilience fund is just for the here and now, or is it for the longer term? I assume that it's just for the here and now, and that the Government's going to come forward with a further larger package in terms of how we move beyond the current phase, and we get support out to help businesses change their business models, innovate through technology, et cetera.

And finally, the Development Bank for Wales—I'm very pleased that they got loans out quickly to people. It’s a good news story, perhaps, to a degree, that many businesses have been supported. But, of course, the funds have dried up, so what other additional funds can the Welsh Government lever in itself from its own resources or the UK Government's or European funding as well?