Valley Lines asset transfer will add costs

Rail

24 January 2020
 

Transferring the Core Valley Lines (CVL) from Network Rail to the Welsh Government will create inefficiencies in the short-term, a senior civil servant has admitted.

The transfer was due to take place last September but has been delayed. As a result, TfW is underspending against its budget, which assumed that TfW would be managing the CVL from September.

Simon Jones, the Welsh Government’s director of economic infrastructure, told an Assembly committee: “What we’re doing is...

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