I thank Steffan Lewis for that important question. As he knows, we published a paper in the series of documents we have published since the White Paper of January 2017 on regional policy. That was not an attempt to set out a definitive set of arrangements for the future, but to sum up the state of the debate at that point, and we've had a very lively debate since, with many contributions to a consultation we've carried out on that paper. We've published those consultation responses and I hope to be in a position in the autumn to bring forward a paper that sums that up and does set a more definite set of propositions in place.

The point that he made is an important one, because it gets to the heart of a dilemma in it. In those consultation responses there is a great deal of consensus across Wales on the need for greater flexibility in the future. European Union funding, if there is a silver lining in this at all, can come to us with fairly rigid rules attached to it: geographical rigidity and, the sorts of things you can spend the money on, there are rigidities there too. And the consultation said that this is an opportunity for us to be more flexible around some of those things. But then that does give rise to an anxiety on the part of those geographical areas that have benefited from funding so far that this may be to their detriment. The Welsh Government's position is that we have no intention of operating in that way and what we see flexibility as is not absorbing areas of greater need in a wider economy that disguises that need, but to allow, at the margin, a sensible flexibility that means that you are not prevented from making good investments that will be to the benefit of those areas because you have an over-rigid set of rules.