Part of 2. 1. Questions to the First Minister – in the Senedd at 2:00 pm on 14 June 2016.
I do. I think we have to remember that the European money that we have seen coming into Wales is money that was not provided by successive British Governments in the 1980s and 1990s; it did not come to Wales. This is extra money that the Tories in the 1980s and 1990s would not provide for Wales. We still have a situation where the Barnett formula has not been addressed properly. At least we can rely on that European funding. What would happen if it wasn’t there? That money would end up back in the Barnett formula or end up being kept in London, and regions of England, as well as Wales and Scotland, would not see that money; it would be kept in Whitehall. I don’t buy this argument that somehow this is money that would come to Wales; I think this is money, if it does exist at all—I mean, the Member David Melding has made this point—that would sit in Whitehall and we would not see every penny that we get now, and that is dangerous for the people of Wales.