Budget Resolutions

My hon. Friend is making some important and constructive points. I do not know whether he is aware that the First Minister of Wales has just sent a letter to the Chancellor, in which he makes clear that we will have to intervene in an unprecedented way. Does my hon. Friend approve of the measures that he has suggested, such as tax holidays, loan guarantees to help productive capacity, underwriting the wages of employees who are affected, and, if necessary, the temporary nationalisation of key transport infrastructure?