Thank you, acting Presiding Officer. The prospects for the economies of Wales and the United Kingdom are troubling. As the Welsh Government looks at its spending priorities for the draft budget for 2021-2, let nobody in this Senedd pretend that the economic prospects facing the Welsh Government are anything other than grim and of utter criticality to Wales.

Yesterday, the Office for Budget Responsibility updated its coronavirus scenario for the United Kingdom in its fiscal sustainability report. It offers us a dramatic and alarming prospect for the United Kingdom's public finances. The Office for Budget Responsibility assumes that 1.8 million have already lost their jobs, and unemployment is 9 per cent, compared to the official figure of 3.9 per cent. This rate peaks at 10 per cent as the furlough scheme ends in the upside scenario, 12 per cent in the central scenario, and 13 per cent in the downside scenario. So, for the people I represent in the communities of Islwyn, this is a frightening prospect.