Even as the integration process is proceeding well, we expect temporary business impact from this large-scale merger but we are optimistic that the second half of 2013 will see more revenue growth momentum and cost synergies.

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In terms of whether it deterred businesses from settling in Wales, Mr Jones said that a host of other contributory factors, such as local business rates or rent, outweighed the potential impact of the tolls in any decision process.

BBC: Welsh Affairs Select Committee

He likes to negotiate and obviously, he has a great sense of humor which is very disarming to others, but he knows the legislature, he knows the process, he knows the leadership in the legislature and is focused on a accomplishing the kind of business that will impact the 19 million people in terms of their quality of life, and that's very important to us.

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