Persistence pays off as Jonathan welcomes High Speed Rail windfall
11:19am Monday 28th October 2013 in News
MP JONATHAN Edwards has welcomed the news the Welsh Government have secured a financial windfall following his three- year campaign on the proposed High Speed Rail project.
The project, which will be built entirely in England, had been considered UK-wide, meaning Welsh taxpayers helped to fund it – with no equivalent funding coming to Wales.
The Plaid MP had argued that Wales should be compensated for taxpayers’ money being spent only in England – now
Welsh Finance Minister, Jane Hutt has confirmed that Wales has indeed received an equivalent share of funding in the transport budget from HS2.
Despite "a period of confusion", the UK Treasury has conceded that funding from HS2 was given to Wales, but in error.
Giving his reaction, Mr Edwards said he believed a significant precedent has been set for future years and that Wales should receive substantial sums of equivalent funding each year of the HS2 project.
“Until very recently, both the UK Government and the Labour Welsh Government have argued against Wales receiving its fair share from HS2," he said.
"Despite Welsh capital budgets continuing to be squeezed, my campaign to force the governments in to a 'u-turn' will result in Wales receiving an extra £35million in 2015/16.
“I believe Wales should be compensated for any development of the HS2 network by the UK Government. It is essential that this concession is carried on in future spending rounds when HS2 expenditure will significantly increase. Wales should receive equivalent funding for each and every year of the HS2 project."
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