European Union (Amendment) Bill

I start by picking up seamlessly from where the hon. Member for Wrexham (Ian Lucas) finished. It is worth noting briefly—I shall not labour the point—that one of the benefits that Welsh companies have had is some of the objective 1 funding, which has done nothing more than move some of the jobs from constituencies like mine, in England but on the border with Wales, a few miles down the M4. It has not been job creation so much as job moving.