Diolch, Deputy Llywydd. Can I thank you, Minister, for your statement today? The past two years have been some of the most difficult that we have experienced. The COVID-19 pandemic has affected us all, restrictions have curtailed our freedoms, vast swathes of our society have been forced to shut, and public services have come under huge pressure. Our front-line services, as well as our communities, still face significant challenges as we move through the next phase of the pandemic.

We are part of a wider union of nations, and it's by being part of this union that the Welsh Government has been in a position to support public services and businesses, as well as to respond to the pandemic. We've seen significant amounts of money flow into Wales from the UK Government since the pandemic began, and I very much welcome the additional £2.5 billion per year on average for the Welsh Government over the spending review period, as announced in the recent budget settlement, and the Wales fiscal analysis states that this equates to an average increase of 3.1 per cent a year each year in that period.

Within that context, then, Deputy Llywydd, I welcome the much-needed business rates holiday to help firms recover from the ongoing challenges of the pandemic, along with the uplift in funding for our local authorities who deliver so many key services in communities across Wales. I think all of us in this virtual Chamber will also welcome the additional £1.3 billion for the Welsh NHS over the next three years.

But, of course, Minister, the devil is always in the detail, and, as the First Minister mentioned earlier, there is always an opportunity cost to spending decisions, and we need to understand what these may be, and I'm sure that work will be going on through the committees over the next few weeks. For example, I've heard concerns from a number of business owners in my own constituency that the support offered by the economic resilience fund would not cover the significant loss of income that they incurred during the festive period, which, of course, usually helps many hospitality businesses through those quieter months at the start of the year. There are also concerns about the criteria having to be used to use the ERF, in which businesses need to have lost 60 per cent of their turnover to be eligible. So, even if a business was fortunate enough to not have been significantly impacted by restrictions, a smaller loss of income would still have a substantial impact, given the financial aspects of the past two years.

The Federation of Small Businesses Wales is also calling on Welsh Government to review and increase the funding available to support businesses in the sector hit by COVID restrictions introduced over the festive period. They have stated that they are concerned by the, I quote,

'apparent open-ended nature of the existing restrictions. It is therefore important that Welsh Government outlines the conditions under which restrictions on Welsh businesses might be eased to allow them to plan for the future.'

Minister, could you assure businesses across Wales that the Welsh Government will provide urgent additional support over and above what had been announced in the budget, should the current devastating restrictions continue?