To start with, on your point about the individual courses available, I'm not in a position to answer that individual point now, but I will make sure I come back to you with the detail on that particular point.

On your final point around net-zero investment and the announcement that we've made today on the new support that should be available to help with decarbonisation and energy efficiency and reducing energy costs, the last time we spoke I did indicate I'd have more to say in the coming weeks, and here we are. We've been working on this for a period of time. It isn't something that's been created in the last week or so.

Part of this is about trying to generate a just transition, to make sure that, as we decarbonise, we don't simply keep the jobs we have, but we actually help to de-risk some of the future, not just from a broader climate perspective, but from the business costs that exist now. It's something that I think a number of businesses will want to look very closely at. And, as I say, on the point about the individual circumstances you mentioned for each business, well, they vary from one business to another. Individual businesses in the same sector will have different needs, they may have different opportunities to take advantage of that. That is, both looking at the fabric of their own institutions as they are now and their opportunities to maximise that. It's why I pointed out that the opportunity is to look at what's possible for that individual business. It's also possible we may end up being able to support district energy schemes as well, if you think about the number of businesses that may share a common broad footprint around a business park or an area and would want to have a look at whether it's possible to do more within a particular setting and not simply on each individual business. So, there'll be a range of circumstances that will be individual. 

The other reality we have to confront is that, even with the support that is available, and this is from the bank and its lending, whether it's equity or loan finance individually or a combination thereof, the Welsh Government doesn't, as we've talked about today, have the firepower to provide a grants based scheme to reach into every area of the economy. I know there are more businesses with challenges that I do think would otherwise be viable businesses than we have the means to support. It's why we await so keenly the outcome of the Halloween budget. I don't know if you had an opportunity to listen to the finance Minister in today's Welsh Government press conference, but the reality of our budget is one where we simply don't have additional money that is being kept back in the hope that we can then invest it over the coming weeks and months. It's a very, very difficult financial picture that we face, and businesses themselves know that.

In the conversations I've had with a variety of business groups of different sizes in different sectors, they all know that we don't have the money waiting for them. In fact, manufacturing businesses were very clear that they were anxious about the future, not because they didn't have full order books, but because they knew about the rising costs and prices for goods, the challenges in inflation, and they know that really it requires the UK Government to act like they are really on their side to help them through what's coming. We're all going to find out fairly soon what that really looks like. I'd be delighted to be proven wrong and that there is going to be a generous package available to help businesses to not just survive where they are, but to genuinely prosper in the future. Here in Wales, though, we will make the most of the advantages we do have, and DBW is one of those. But I can't tell you or anyone else that we can save every single business that we would otherwise want to.

When it comes to DBW and Business Wales and the reality of where we are with post-European funding, as I've indicated—and I've been absolutely upfront from the outset—there is a real and significant impact from European funds disappearing and not being replaced on a like-for-like basis in terms of the value or, indeed, how they're then purposed. What it does mean, though, is that to maintain Business Wales, which is what I have done, I've had to make really difficult choices in the rest of my departmental budget. That means other areas I would otherwise have wanted to invest in to help support the future of the Welsh economy I haven't been able to, because I think the Business Wales service is really important across the whole of Wales, and you can see that from the outcomes and the numbers of businesses that have had help, support and advice from Business Wales. Again, the Federation of Small Businesses regularly tell their counterparts in the rest of the UK that what we have in Wales is really worthwhile. Actually, the FSB in England would like to see a service like Business Wales in regions across England. That explains why I protected the budgets for the future for the services they provide. If we did have the same amount of money to invest in different choices, it would mean I could do more, and, indeed, that DBW could grow more as well.

Finally, when it comes to support practically for employee-owned businesses—and I recognise the point that management buy-outs aren't necessarily exactly the same—we're now up to 40 employee-owned businesses, and I've recently confirmed that extra £170,000 to Cwmpas Cymru to help with that practical support to move businesses from one ownership model into another. There are really good examples of new employee-owned businesses in Wales, and I look forward to announcing when we have, as I'm confident that we will do, achieved our manifesto goal of doubling the size of the sector.