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Funding negotiations delay handover of Core Valley Lines

Rail

Rhodri Clark
30 August 2019
 

Ownership of the Core Valley Lines (CVL) in South-east Wales will not transfer from Network Rail to the Welsh Government next month as planned. One of the stumbling blocks is an agreement over the funding for the infrastructure’s future operation, maintenance and renewal (OM&R).

The asset transfer will involve redirecting a portion of Network Rail’s budget to the Welsh Government, reflecting the reduced workload for the former and increased activity for the...

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