The Welsh Government has awarded Transport for Wales an additional £125m for this financial year, to cover the continuing impact of Covid-19 on rail passenger numbers. The funding is approximately a 50% addition to the amount of rail subsidy TfW received in 2022/23.
Finance and Local Government Minister Rebecca Evans told the Senedd the government’s revenue budget had increased by 5% this year, against inflation running at 8% on average. Revenue budgets would reduce for many...
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