My point is that the way the Barnett formula operates in Wales is still unfair in comparison with the amount paid out in Scotland—I am sure my friends in the Scottish National party would hit me over the head if they were here, but I will take advantage of the fact that they are not. It is a difference of £1.2 billion per annum, which is a lot of money. I remind Members that the current process on further powers for Wales began about four years ago. The issue of funding was then outside its remit, which I believe was a mistake, whether deliberate or not. Fair funding for Wales has gone for the time being, and it continues to be a major issue that the commission could have settled or commissioned work on for the future.
We entered these discussions in good faith and attempted to be constructive, as the Secretary of State said. I am not jumping up and down and screaming about the result—there are good things in the Command Paper, which I will refer to in a moment. However, we have missed an opportunity to have all the tools further to develop the economy of Wales, and to give the Welsh people further accountability for and control over the way they run their lives, and over the way money is spent for the economic good of Wales.