I'm grateful to the Conservative spokesperson for those comments this afternoon. I do reassure him that we are absolutely using all of the levers at our disposal in terms of our response to the coronavirus pandemic, and also, then, the work that Jeremy Miles has outlined this afternoon in terms of our efforts to focus on the reconstruction.

I think we can demonstrate that particularly in the work that we've done to repurpose budgets across Government. So, the £500 million economic resilience fund is a really good example of where we repurposed Welsh Government funding and European funding in order for us to be able to put in place that rapid support for businesses. And we know how many businesses have benefited from that—over 60,000 businesses have benefited. And we know that we have secured over 100,000 jobs and I think that's an incredible achievement, but we recognise, of course, the difficult times facing us in terms of the economy and the need to do more, which is why the third phase of that economic resilience fund is open at the moment.

It's good to hear Nick Ramsay talking about the guarantee that we were able to negotiate with the UK Government. We understand now that we're at the top end of that guarantee. The UK Government had said it would provide us with comprehensive details as to the Barnett consequentials to which that guarantee referred. Unfortunately, we're yet to have the detailed reconciliation of that information, so it does make it difficult for us to understand to what extent the funding we have received relates to items that the UK Government has spent on. For example, we can't see where additional funding that might have been spent on field hospitals across the border would fall within that guarantee and we can't see additional funding for ventilators, for example. It's very hard to think that the UK Government's health department could have funded those from within existing budgets. So, there's a lot of work to do, I think, yet, in terms of having that transparency across the budgets, which I think we would both recognise is essential.

From my part, I want to be as transparent with the Senedd as I possibly can. So, I've had a very useful meeting with the Chair of the Finance Committee. I'm very grateful for the time that he spent with me discussing how we can make a transparent interim supplementary budget, if you like, and bring that forward before the end of the month. That should be an opportunity for us to tie up the funding that we've already spent on our COVID response, in order, then, for the supplementary budget, which I would normally table in February, to concentrate more on the reconstruction effort. So, I'm really keen to get as much information to colleagues as possible, and be as transparent as possible, because I do recognise the sums that we're talking about are very, very significant.

Of course, flexibility isn't a panacea, but it will certainly help a lot, especially in that context of not understanding completely our budget. We're not asking for additional funding in this respect; we're simply asking for the ability to use our funding that we already have in a more agile way. The size of the Wales reserve is very small anyway, so having additional access to that in order to manage our budgets over years is really important. Nick Ramsay and I have talked before about the fact that COVID doesn't recognise financial years, so the need to move smoothly and seamlessly from one into another, I think, is important. The flexibilities that we're calling for are just common sense budget management tools, really.

Nick Ramsay also asked what discussions we've had with the UK Government. I want to be absolutely fair and say that engagement with the UK Government has improved significantly since the start of the crisis. Next week we will be having our eighth or ninth finance Ministers quadrilateral; I think those have been really useful throughout the crisis, and we need to continue that stepped-up level of engagement now as we move through the comprehensive spending review.

I'd just conclude by saying that I very much welcome what Nick Ramsay had said about European transition and the need for the UK Government to deliver on its promises in terms of ensuring that Wales isn't a penny worse off and doesn't lose powers as a result.