In his speech to the Welsh Conservative conference David Cameron attacks the Welsh Government, saying "Wales needed the A-team but got the Muppet Show"
He tells Welsh Conservatives the UK is in "a global race against time" against competitor countries with extreme drive.
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The horse had unseated his rider and was running loose when presenter Hayley Moore grabbed the reins.
Arriva, which has been operating the franchise for 15 years, pulled out of the bidding last year.
The fund is aimed at small and medium sized builders