Summary
A new railway line between Oxford and Cambridge, costing £6.6 billion, is categorized as an "England and Wales project," even though no tracks will be laid in Wales. This classification means Wales will not receive extra funding, leading to criticism from Welsh leaders who believe the system is unfair. The UK government states the project is financed through its rail network improvements, which also support schemes in Wales.
Key Facts
- The new railway line will cost £6.6 billion and will connect Oxford and Cambridge.
- No part of the railway tracks will be laid in Wales.
- The project is classified as an "England and Wales" initiative, affecting funding distribution.
- This classification prevents Wales from receiving extra funding under the current rules.
- Welsh leaders, including MP David Chadwick, expressed concern about the lack of funding for Wales.
- The UK government uses the "rail network enhancements pipeline" to finance the project.
- The Barnett Formula is a funding system for devolved nations like Wales, Scotland, and Northern Ireland.
- Previous issues with HS2, a similar project, also led to Wales not receiving additional funds.