Can I thank the Deputy Minister for his statement? I can say that I share the Deputy Minister's enthusiasm for the foundational economy, as, indeed, I do for the co-operative movement. I believe they both have the ability not just to provide jobs, but also to create a greater degree of community spirit and aspiration.

Whilst I acknowledge that the public sector has a very large part to play in creating and supporting the foundational economy, if it is to be successful, it must also embrace the private sector. The emphasis must be on growing the pie, not redistributing it more equally. I truly believe that if we grow the pie, society as a whole will benefit. This is borne out by the fact that we are all vastly better off than our grandparents or great-grandparents; we have all benefited from the expansion of the economy as a whole, and it must be so for the foundational economy.

Although I believe that Government should be regulating against whatever excesses can apply to free enterprise, I also believe their primary role is to create the conditions under which free enterprise can flourish. The foundational economy gives the Government the opportunity to reinvent a truly co-operative style of business. I'd encourage you to do all that you can to achieve this sea change in Welsh local economies. There is risk in what you are doing and the whole of the political spectrum must accept failure as well as success, and support those—to paraphrase someone else—two imposters just the same. So, will the Deputy Minister take those points into consideration?