The Welsh Conservatives have blamed a lack of attention to detail by Labour ministers when Valleys rail electrification was first announced for the row over money that put the entire project at risk. Originally the UK government expected the entire £460 million cost to be repaid by the Welsh Government, primarily by increasing train fares.
Under the new deal announced today the UK Government will contribute £230 million to the scheme, though the rest of the money will still have to be repaid.
The Conservatives have broadly welcomed the go-ahead for the M4 relief motorway but claimed that today's announcement by Economy and Transport Minister Edwina Hart could trigger legal challenges.
The decision by the Welsh Government to take direct control of the controversial Regeneration Investment Fund for Wales has been welcomed by the Conservative AM who first raised the concerns. But Byron Davies says he wants to know why it's taken so long to reach such a decision.
The Welsh Government is to close down an arms-length investment organisation in the light of Wales Audit Office investigations into the sale of land. Housing and Regeneration Minister Carl Sargeant told AMs that he will take direct control of the Regeneration Investment Fund for Wales.
RIFW's activities had been suspended in 2012 when the investigations were launched by the WAO. The minister says he's taken his latest step because he's concerned that the suspension is stopping the flow of investment to communities.
Conservative AM Byron Davies and MP David Davies explain why they're putting pressure on their colleagues in the UK Government to upgrade the M-4 around Newport.