Part of 2. Questions to the Minister for Finance and Trefnydd – in the Senedd at 2:46 pm on 26 June 2019.
Well, as I say, I've already started these discussions in terms of our borrowing limit. But I'll be issuing a written statement later this week, which talks about the statement of funding policy, and that's a discussion that I started in my first quadrilateral with other finance Ministers, and with the support of the Scottish and Northern Irish administrations, which looks at a much more fair and much more transparent allocation of funding from the UK Government to the nations. But, as I say, I'll be making a further announcement on that later this week, or a further statement, I should say, on that later this week.
With regard to funding that would have been spent this year, it's only in the region of £20 million, which would have been expended on the M4 project should the decision have been made to go ahead with the black route, but, as I say, in future years now, we will look to see how best to spend that money with the first call being to address the issues around Newport.