The Metro Consortium, which includes Admiral insurance, British Gas and Cardiff Business School, says the transport system is an opportunity to rethink the role of towns and communities across the Valleys.
The report's author, Mark Barry, said the metro would simply connect connect the region, and "give the region the opportunity to be more economically effective."
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A mother from Cardiff has held a fundraising event to help keep the memory of her stillborn son alive.
We featured the story of Ted Owens' heroism in 2012 when he returned to the spot where he was wounded during the Normandy landings.
Sunny spells during the evening with isolated showers easing away, although it will cool off quite quickly.