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PRIVACY
Opinion

The £4bn of rail investment that the º£½ÇÊÓÆµ Government needs to fund in Wales

Transport expert Professor Mark Barry of Cardiff University makes the case for º£½ÇÊÓÆµ rail enhancement investment in Wales to help address years of under investment out to 2040

The º£½ÇÊÓÆµ Government needs to address significant under investment in the Welsh rail network.(Image: Matthew Horwood)

Chancellor Rachel Reeves will next week present the º£½ÇÊÓÆµ Government’s next three year spending commitments in the comprehensive spending review (CSR).

That should, if London is listening, see some major pledges for rail enhancement investment in Wales.

Instead of focusing on the case for rail devolution, the failings of the Barnett formula and decades of relative underspend on Wales’s rail network by various º£½ÇÊÓÆµ governments, I want to focus on looking ahead and arguing for £4bn rail investment to 2040.

As I set out in a letter to Secretary of State for Transport Heidi Alexander last December, this is based on rail enhancement commitments likely in England of approximately £80bn over the same period.

These commitments include to complete HS2, TransPennine upgrade, East West Rail, and some new schemes in England - some of which have been announced ahead of the CSR including more trams in Manchester, Leeds-Bradford tram, Liverpool, Bristol and the West of England.

Some £4bn for Wales would be a commensurate and a fair Barnett allocation and can be directed at schemes in Wales already subject to significant business case and scheme development.

To be clear, Wales needs this investment not just because its fair or right, but because of the benefits, especially economic, that can be realised.

These include mode shift and reduced carbon emissions, economic agglomeration and development benefits, more transit oriented development , reduced road traffic accidents, improved air quality, more financially efficient public transport operations, reduced road congestion (freeing up road space for those that need to use them) and less wear and tear of our roads.