Lending for capital expenditure

Part of Wales Bill – in the House of Commons at 2:50 pm on 24 January 2017.

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Photo of Paul Flynn Paul Flynn Labour, Newport West 2:50, 24 January 2017

Does not the Secretary of State agree that the fiscal framework is already out of date because it is pre-Brexit and we now know that Wales will suffer severely if we come out of the single market? Is it not true that the Bill is just another stepping-stone on the way to a new Bill, which we will get when the terms of Brexit are declared?