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BBC Wales News political reporter David Deans announced that Chancellor Rachel Reeves will be revealing a £445 million investment in new rail projects for north and south Wales during her spending review on Wednesday. Plans for enhancements in Cardiff, Newport, Monmouthshire, and north Wales have been included in this significant announcement, aiming to address previous grievances regarding the Welsh rail network’s underfunding.
Despite praises from the Treasury for the potentially transformative package, criticism has arisen from the Conservatives over the absence of support for a new M4 relief road. Plaid Cymru also expressed dissatisfaction, deeming the allocated funds as insignificant compared to the substantial sum owed to Wales.
The spending review will outline Reeves’ strategy for long-term public service funding, with uncertainties remaining about its implications for the Welsh government’s daily expenditure beyond health, education, and defense. The announcement comes following tensions between Welsh and Westminster Labour amid concerns about the party’s standing in Welsh politics as indicated by recent polling data.
The £445 million budget, defined by the Treasury as essential for addressing decades of infrastructure underinvestment hindering the Welsh economy, will be allocated to various rail improvements. Projects such as fixing level crossings, constructing new stations, and upgrading existing lines are earmarked for the funds, delivered through a combination of direct financing and support for the Welsh administration
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