Subsidy for the new Wales and Borders rail operator has increased substantially, confounding the Welsh Government’s expectation of a major reduction. The Government is allocating £33m from reserves to bridge most of the funding gap next year.
Welsh transport secretary Ken Skates said last year that the Government’s budget plans anticipated savings of £31.70m in 2018/19 and £27.61m in 2019/20 “that may be deliverable in the early years of the new contract for...
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