Paul Murphy: ...and for Caerphilly (Mr. Davies) said, since for every 10,000 jobs lost, £900 million is lost to the taxpayer. To deny job losses, as the Secretary of State and the Minister do, is to live in cloud cuckoo land —like their belief that the average band D council tax in Wales will be £262. It is more likely to be well over £300, and will range between £270 and £380. Doubtless the...