The House of Commons Welsh affairs committee issued a report on the cancelled electrification from Cardiff to Swansea this week, arguing that the money saved by the UK Government should be spent on other transport projects in Wales. But how big is that saving? The committee was uncertain. The UK Government and Network Rail said the saving was about £433m, referring the committee to a National Audit Office report. However, the NAO report said £433m was the cost in August 2016,...
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