Well, it’s right to say that the Ebbw Vale line would not have been reopened without European funding. The metro cannot go ahead without European money. There are those who say that the money will be made up penny for penny by Whitehall. I believe that that is cloud-cuckoo-land, if I’m quite honest with you.

I’ve spent many years in this Chamber fighting Whitehall for funding, ensuring that we have a proper funding floor, ensuring that the Barnett formula is reviewed, and the results have not been happy ones for Wales. I don’t believe for one millisecond that the money we currently receive from Europe will be transferred to us, straight, without a cut being taken by Whitehall. We saw it with council tax benefit: we had it devolved, but only 90 per cent of the budget was given to us. There is form here. We know this money will come to Wales. We’re investing £40 million to improve service frequency and line speeds, and that investment will allow services to Newport, which will be considered as we procure the next Wales and borders franchise and the next phase of the south Wales metro, if the European money is there.