Llywydd, let me begin by agreeing with the general points that Nick Ramsay is making—the importance of having good, independent oversight of the process and accurate data that give us the best possible and reliable outcomes. Economic forecasting is an art, not a science, and the OBR—with its resources that we will never be able to match—you will know that, in a six-month period, its forecasts are able to move very significantly in some very important areas.

So, even with very good data, and with very good resources, this remains an imprecise activity. I met the chair of the Scottish Fiscal Commission, Lady Susan Rice, when I was in Edinburgh a few weeks ago to learn from them as to how they have gone about securing that sort of advice. I’m still thinking with officials about the best way to provide that stream of independent oversight beyond the contract with Bangor, which is for the immediate future. Whether we need a full-blown commission for the level of fiscal devolution we have, I think is a question we have to be prepared to ask, but that doesn’t mean to say that there aren’t alternative ways in which we can secure the sort of assistance and independent input into this process that Nick Ramsay has rightly highlighted this afternoon.