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I want to ask about devolution within Wales. Swansea Bay city region, the conglomerate of Neath, Port Talbot, Swansea and Carmarthenshire, is the biggest urban footprint in Wales. It projects the international brand name of Swansea, thanks to the city’s football success, on the back of two universities plus Tata Steel and a confederation of local government, industry and academia. Does my hon. Friend agree that that is the way forward in a global marketplace—perhaps along with regional banking, which we have not yet got from the Government?