Thank you, Cabinet Secretary. The Industrial Communities Alliance have suggested that a new UK regional development fund should be central to any post-Brexit regional policy. However, they've also pointed out that this needs to be managed on a devolved basis, and that any moneys allocated should be above and beyond that due via the Barnett formula. Getting this right is key to the prosperity of the northern Valleys, so does the Cabinet Secretary agree with me that promises made during the EU referendum campaign, that Wales wouldn't lose out on a penny, need to be honoured?