I'd like to thank my colleague Tom Giffard for allowing me a minute during this short debate today. There needs to be a sharp focus on investing in Wales's universities to stimulate the Welsh economy, and improving research and development. The new campaign and report on funding Wales's future by British Heart Foundation Cymru highlights how properly funding our brilliant universities will improve medical research and drive economic growth, two big wins and reasons to invest. As Tom Giffard said earlier, Wales makes up about 5 per cent of the UK population, however has just 2 per cent of R&D spend in the UK. We have seen the importance of research and development and innovation during the pandemic. We need to invest in research that can advance us significantly medically and in many other ways, and I'd hope, like James, that the new commission for tertiary education and research will look to address this going forward.

Welsh Government needs to support our universities so that they can become more competitive, so they can be better placed to win those external bids and future funding bids. Welsh Government's funding on quality-related research is far too low at a time when they should be investing in Wales's future. We all know that QR funding from Welsh Government pays for things that grants don't—staff infrastructure and utility bills, which I'm sure are a particular concern to them right now. And, of course, R&D directly impacts growth. So, thank you, Tom, for letting us highlight this today.