Diolch. This supplementary budget presents the Welsh Government's final spending plans for the current financial year. It increases the overall Welsh resources by over £1.1 billion, a further 4.4 per cent increase on the position set out in the first supplementary budget published in June 2021. In this budget, our fiscal spending plans have increased by a total of £2.409 billion. Over 150 individual allocations totalling almost £2 billion have been approved from the reserve to support departmental budgets and maximising expenditure. In response to the cost-of-living crisis, and to support those most in need, we have acted swiftly and used this supplementary budget to allocate £152 million to help people with crucial support in the face of the cost-of-living crisis and a further £25 million as a discretionary fund for local authorities to use their local knowledge to help households who may be struggling.

In addition, we have made significant allocations to fund a range of measures that not only support Wales's recovery from the pandemic, but also support the delivery of the programme for government commitments. These include: £70 million to support local authorities' capital programme costs; over £65 million for city and growth deals; £50 million provided to help schools carry out capital repairs and improvement work; and over £19 million to help meet the costs in dealing with the recovery from the impacts of the flooding in February 2020.

We have of course allocated support to continue our response to the pandemic and to mitigate its impact—£1.4 billion has been allocated in this budget. Since the start of the pandemic, we have allocated more than £8.4 billion. We have provided an additional £551 million for a package of measures to help the NHS not only with the costs of dealing with the pandemic and increasing capacity in our hospitals, but also to help move forward. We have allocated over £135 million to the local government hardship fund, as support for the additional costs and loss of income caused by the impact of the additional restrictions put in place as a result of the omicron variant. For the Welsh economy, we have allocated £125 million for a package of emergency support, and £14.75 million to support the running of another round of the cultural recovery fund. We have allocated £8 million revenue and £4 million capital to support a series of actions so that the majority of businesses and supply chain networks in the food and drink sector have enough resilience to survive.

We recognise the upheaval the pandemic has continued to have on learners, and we're supporting the education sector by allocating over £45 million to help manage its impacts, and £33 million for the continuation of the recruit, recover and raise standards programme, to support learner recovery and invest in resources to support the delivery of the new curriculum.

Restrictions put in place to mitigate the effects of the pandemic continue to have an impact on public transport use and passenger revenue. And we are allocating over £53 million to support rail services and £22 million for the bus industry.

Yet again, the UK Government's lack of clarity on funding decisions, this time concerning the support for the cost-of-living crisis, has huge implications for Wales, and we have had to significantly change our in-year assumptions. The continued lack of flexibility to manage spending over multiple financial years means we are once more at a disadvantage when planning and managing our budget as a consequence. 

I'd conclude by thanking the committee for its consideration of this budget and the publication of its report, and I will provide a detailed response in due course, but I am minded to accept all 11 of its recommendations. I ask Members to support the motion.