Well, time will tell on the stability of this whole arrangement. My own view, and I’m now going to get into awful trouble, is that it’s anyone’s guess after the Brexit negotiations are over. But I do think we need to stand up for Wales. That’s why the National Assembly is here. In times of debating the allocation of resources of the UK state, of which we are part and we’ve generated those resources from time immemorial, obviously, there’s a constant debate about what is the fair share. I do believe that part of what I would say is the £1 billion two-year deal that Northern Ireland’s got should be Barnettised. But I do want to be restrained in what I’m going to call for, because I think some of the claims are very much overinflated.

In terms of infrastructure, we already have—quite often, anyway—a bilateral approach to this, and I think it’s in the future calls that we will make for special projects that we will need to ensure that Wales gets its fair share. The tidal lagoon is a very obvious one that is now looming.

However, I am troubled about the implications of some of the revenue expenditure—which I put at about £450 million over two years for Northern Ireland—not being Barnettised, because I do not think this sets a good precedent for the United Kingdom. Some of those increases I think can be justified for Northern Ireland on the basis that it will aid the peace process, and there is precedent for this. But I do think that some of this money needs to be Barnettised, and I do call on the UK Government to reconsider this aspect of the deal that they have just negotiated, and to think in terms of the Scottish and the Welsh budgets.

Can I conclude—you’ve been very generous, Presiding Officer—by saying in terms of where our state goes after Brexit and also reflecting on this experience, that we do need to see a block grant system being replaced by some form of Treasury grant that is overseen by an independent grant commission? That could still allow special payments in exceptional circumstances, but I think it’s that sort of stability that we will need for the British state once it negotiates the rapids we’re now facing in terms of the Brexit process. Thank you.