The Welsh Government have refused to comment on reports that the UK Government will soon announce plans to back a new M4 relief road around Newport.
In a statement they said that they "do not comment on speculation."
We have been pressing the UK Government for access to borrowing powers in order to finance infrastructure investment. Those talks are continuing.
Meanwhile, we continue to consider the large volume of responses to our consultation on M4 corridor enhancements from Magor to Castleton.
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It is going to stay fine and dry throughout.
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