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Written question asked by Lord Morris of Aberavon (Labour) on Wednesday, 20 November 2013, in the House of Lords. It was due for an answer on Wednesday, 4 December 2013. It was answered by Baroness Randerson (Liberal Democrat) on Wednesday, 27 November 2013.


Roads: M4

Question

To ask Her Majesty’s Government how the M4 improvement at Newport will be financed; and what contribution will be made by HM Treasury in each of the next three years.[HL3560]

Answer

The Government has confirmed that it will enable the Welsh Government to use its existing borrowing powers to fund improvements to the M4 around Newport before its new tax and borrowing powers come on stream. The Welsh Government is currently consulting on options for upgrading the motorway and the detail of how the improvements are funded will be determined when the Welsh Government finalises its plans.


Secondary information

Type
Written question
Reference
HL3560; 749 c281WA
Session
2013-14
Subjects
Finance Newport M4
Link
View this Written question on www.parliament.uk