Welsh Government is fully committed, John, to implementing the Diamond review proposals. It's a commitment that was an element of the agreement between myself and the First Minister that brought me into the administration, and we have been very clear with HEFCW about our expectations and what the implementation of Diamond will mean for grant going to HEFCW. And we've shared those figures with them. With regard to Reid, we continue within Government to discuss how we can implement the recommendations of Reid, but one of the whole principles behind Diamond was to move us to a more sustainable funding settlement for the HE sector in the round, that is fair to students, encourages those with the ability to partake in higher education to do so, especially from those from a poorer background, as well as being able to provide our institutions with the resources that they need.
So, you don't accept, then, that there hasn't been a clear funding commitment from Welsh Government to those reviews—the Diamond and Reid reviews?
With regard to Diamond, I would absolutely refute that. We have been very clear and we have shown HEFCW our analysis of the figures going forward in relation to what is sometimes called within the sector the 'Diamond dividend', although the Diamond dividend is never as big as people imagine the Diamond dividend to be. But we've been absolutely clear with HEFCW and the sector on what that will mean. Now, with regard to Reid, those are ongoing discussions that form part of the normal budgetary process within the Government, but I think we have been as clear as we can be with regard to Diamond.
Okay. The second question, really, is about HE and FE and it's about European funding, which, of course, has been and is on a multi-year basis, which gives, I think, a lot of security and comfort to the sectors, knowing what the budgets will be over a period of time. So, moving from that to a yearly budgeting situation would be worrying. So, would you commit to introducing multi-year funding settlements for HE, and indeed for FE, moving forward beyond Brexit?