Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Funding fears for Welsh road & rail

FUNDING

02 February 2018
 

Carwyn Jones, first minister of Wales, has disclosed that VAT will add “hundreds of millions of pounds” to the cost of the M4 Relief Road.

The Government last month told LTT it would be inappropriate to disclose the forecast VAT bill, which along with inflation, is excluded from the revised £1.321bn cost estimate presented to the road’s public inquiry (LTT 19 Jan). 

However, at the National Assembly for Wales last week, Conservative leader Andrew Davies criticised...

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