Welsh Labour Rail Funding Promise Nothing But Reheated Announcements from Last Year
Commenting on Welsh Liberal Democrat MP David Chadwick said:
“No new funding has actually been committed today; with the Government desperately reheating old announcements to try and win votes ahead of the Senedd elections.
“Beyond the schemes funded in the Spending Review, the additional projects being talked about have no allocated funding and no delivery timetable. They amount to a long-term wish list rather than UK Government investment.
“Unless Welsh Labour MPs back my amendment to devolve rail powers, the structural funding scandals that have already cost Wales billions will continue long into the future.”
ENDS
NOTES FOR EDITORS:
· The £14 billion figure being cited is not new money. It is the estimated cost of a long-term pipeline of projects, with funding subject to future Spending Reviews.
· The firm commitment in this Spending Review is £445 million, covering the period through to financial year 2028-29 for departmental budgets and up to 2029-30 for capital investment.