Ebbw Vale rail scheme repayments will be funded from subsidy

Rail

A local authority will receive annual payments from subsidised Transport for Wales to cover repayment of a £70m “loan” from the Welsh Government, it has emerged.

At first sight, the government appeared to have found an innovative way of funding rail infrastructure enhancements when it announced last year that it was lending £70m to Blaenau Gwent council to complete an upgrade of the Ebbw Vale line’s capacity.

However, following a drawn-out Freedom of Information...

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