It will become the second toll road in Britain - following the M6 in Staffordshire - and will run between junctions 23 and 29 of the M4 to relieve congestion on the outskirts of Newport.
The newspaper reports that the Chancellor will agree to guarantee loans for the building of the M4 relief road, but the devolved Welsh government will meet the cost - expected to be around £830 million.
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Tributes have been paid after two Matalan employees were allegedly stabbed to death near the city centre store where they worked.
A damp start to the night with heavy rain spreading southwards. It will clear by the early hours to leave a dry start tomorrow.
A mother of two has told ITV Wales she's saving money to buy life extending cancer drugs as she anticipates the NHS won't fund them.