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TfW’s complex budget set-up is a result of evolution, says Price

Rhodri Clark
19 February 2026
 

Transport for Wales has multiple budget lines because it evolved rather than being created for its present roles, its Chief Executive, James Price, has explained.

He had told the Senedd’s Climate Change, Environment, and Infrastructure Committee last year that TfW’s budget process had become more streamlined but TfW, unlike other arm’s length bodies, still did not operate on a single budget. During this year’s annual scrutiny of TfW by the committee, he was asked what...

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