How the South Wales Metro rail project could be dealt a major funding blow
The UK Government has still to sign off transfer of the rail asset to allow the Welsh Government to start electrifying the Core Valley Lines ‑ with any future delay potentially putting at risk a £158m contribution to the project from the European Union.
The Welsh Government, which has called for all rail infrastructure in Wales to be devolved, needs the asset devolved from Whitehall, so it can…