Mr. Ian Kavanagh:

Essentially, the regional uplift itself was well on track to ceasing at that stage. It is important to contextualise this a little bit. When the regional uplift was introduced as a concept, it was meant to be tapered and timebound. It was always signposted that it would cease by the end of 2023. As soon as the uplift started tapering, we were aware there were significant calls from Ministers, originally to retain the uplift at 5% or introduce some sort of alternative. They took the decision to enhance the section 481 credit instead of continuing with the uplift.