The Chancellor, George Osborne, has ruled out using tolls to pay for a new stretch of the M4 motorway around Newport. He dismissed claims that the Treasury was considering such a move as 'misreports.'
He told our Political Editor Adrian Masters that he's 'never seen or considered a proposal to toll the M4.' But he said he hoped to give the go-ahead 'in a couple of months' to a scheme to improve it which has been the subject of talks with the Welsh Government.
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The controversial major road is set to become one-way only for buses from next month, it has been confirmed.