Firstly, I know how important this is for the Member, as she indicates in her question. Since 2007, projects supported by EU structural funds in Merthyr Tydfil, for example, have created over 1,000 jobs and over 300 new businesses. I know the Lawns industrial estate in Rhymney, for example, is being supported, as we speak, by over £1 million-worth of EU funds. That's one example of the benefit that EU funds have delivered right across Wales.

As the First Minister indicated in his reply earlier, we are still waiting for proposals from the UK Government to come forward. This is not a matter on which we are going out of our way to seek conflict with the UK Government. We are keen to find a way to work with the UK Government on replacement EU funding for Wales, but that needs to be on the basis of real participation and genuine agreement across the four Governments of the UK, not on the basis of a solution that the UK Government seeks to impose. The devolution settlement must be respected in relation to that, a view that this Senedd has, on more than one occasion, voiced itself.

There is a consultation we intend to bring forward, informed by the work of the committee that Huw Irranca-Davies has been chairing in relation to this, and all I will say is: I hope that the UK Government will take up the offer that the First Minister, I and others have made to put forward the proposals they would wish to see and then to work together with us so that the devolution boundary is observed and the commitments made to people in Wales are fulfilled—that they should not suffer a penny lost as a consequence of leaving the European Union.