"Public Finance" magazine reported that the Holtham Commission's final report was welcomed by Labour, Conservative and Plaid Cymru politicians – although Welsh Business and Budget Minister Jane Hutt was said to have given a more "muted" response to Holtham's recommendation that the Assembly Government should gain tax-varying powers. Former First Minister Rhodri Morgan opposed this idea, arguing that there was "no mandate" for tax-varying powers in the 1997 devolution referendum.